Vietjet and Novus Aviation Capital, a global aircraft leasing and financing platform headquartered in the United Arab Emirates (UAE), have signed Memorandum of Understandings (MOUs) to explore the establishment of an aircraft financing and leasing vehicle as well as collaborating on the supply of Sustainable Aviation Fuel (SAF) in Vietnam alongside SAF One, Novus’s established and dedicated SAF platform.
The vehicle will initially provide financing and acquisition of 15 new aircraft ordered by Vietjet from Boeing and Airbus, with deliveries scheduled from 2024. The vehicle is expected to comprehensively scale up to further finance Vietjet’s future orderbook.
In addition, Vietjet will join forces with SAF One for the development, supply and usage of sustainable aviation fuel (SAF) in Vietnam, contributing to creating a greener aviation environment and actively taking efforts to reduce carbon emissions in the global aviation industry. The agreement makes Vietjet a…