Vietnamese budget airline Vietjet announced on Thursday that it has finalized a $300 million financing agreement with AV AirFinance, a partner of investment fund KKR, to support the expansion of its aircraft fleet.
This announcement confirms a Reuters report from last week, which detailed the financing arrangement between Vietjet and AV AirFinance during a visit to the US by Deputy Prime Minister Ho Duc Phoc.
Phoc’s visit aimed to negotiate a reciprocal tariff agreement amid rising trade…
