The group has leased a number of aircraft to the Asian budget carrier
Dublin-based aircraft lessor Avolon is sueing Vietnam’s Vietjet in London’s Commercial Court. The dispute is linked to jet leases between the pair, the Irish Independent has learned.
Six separate subsidiaries of Avolon, which are being represented by Clifford Chance, have taken individual actions against the budget Asian carrier.
Vietjet operates a fleet of more than 100 Airbus A320 and A321 jets and leases a number of wide-body A330 aircraft. It operates more than 400 flights a day to destinations across Vietnam as well as to countries including Japan, Australia, Singapore, South Korea and China. Vietjet also recently placed a provisional order for 20 Airbus A330neo wide-body jets as it eyes route expansion to Europe and the United States.
But the bulk of the carrier’s fleet is leased. Figures at the end of last December from Fleet…