AIRBUS A321 LOAN CLOSING DINNER HELD BY SEABANK AND VIETNAM AIRLINES

23/09/2014

Southeast Asia Commercial Joint Stock Bank (SeABank) and Vietnam Airlines Corporation organized a closing dinner for the congratulation on a deal in which SeABank has provided Vietnam Airlines with a loan for the purchase of a new Airbus A321-200 aircraft. The Airbus A321-200 aircraft reached Nội Bài international airport on September 15th 2014 and is currently available to operate domestic and international flights.

This is the first time, Vietnam Airlines has been in a cooperation deal with SeABank - the first local bank to finance 100% of an aircraft cost.

“The simplification of model, modernization of our fleet through purchasing state-of-the-art aircrafts including A321 shall help Vietnam Airlines to effectively meet travel demand of customers, increase frequency, expand network, ensure the quantity of back-up planes to exploit proactively, stably, maintain service quality, contribute to assert the position, enhance brand name and competitiveness on global market. With such success, we strongly believe that the cooperation between Vietnam Airlines and SeABank shall continue developing and providing significant contributions to customers of the two parties.” said Mr. Phạm Ngọc Minh – Vietnam Airlines General Director

Ms. Lê Thu Thủy – SeABank Board of Directors Standing Vice Chairman revealed: “We believe that the Contract for financing Airbus A321 aircraft purchase shall help Vietnam Airlines complete its plan for aircraft fleet expansion in order to enhance operational efficiency of local and international flights being exploited and become a big air transport service provider.

The event marks non-stop efforts made by leaders of SeABank and Vietnam Airlines with the goal of giving positive changes to the economy in the context that many growth targets must be achieved in 2014 and also opens opportunities for the two parties to upgrade the ties to strategic cooperation.”

This is the 50th A321 aircraft in A321 fleet and the 22nd under a project of purchasing 26 aircrafts of Vietnam Airlines dealed with Airbus manufacturer according to the aircraft fleet expansion plan in 2015. A321 aircrafts are accounting for a large proportion in Vietnam Airlines’ fleet ensuring operational efficiency and economies over domestic and short-range flights thanks to the outstanding technology, noise reduction, fuel and maintainence cost saving.

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AIRBUS A321 LOAN CLOSING DINNER HELD BY SEABANK AND VIETNAM AIRLINES