VietJet signs $140 mln loan for fleet expansion

Woori Financial

19/11/2019 15:39

HANOI, Nov 19 (Reuters) - Vietnam's VietJet Aviation
 VJC.HM  said on Tuesday it had signed an agreement for a $140
million syndicated loan from three foreign banks to fund its
aircraft purchase plans.
    The lenders include South Korea's Woori Bank and KEB Hana
Bank and Industrial and Commercial Bank of China, the airline
said in a statement.
    VietJet CEO told Reuters last week the firm was eyeing new
routes to the Middle East, Eastern Europe and Australia with 20
long-range Airbus  AIR.PA  A321XLR narrowbody planes it had
ordered.  urn:newsml:reuters.com:*:nL4N27U1GS
    

 (Reporting by Khanh Vu; Editing by Edmund Blair)
 ((khanh.vu@thomsonreuters.com; +84 24 38259623;))