Vietjet and Castlelake, a global alternative investment manager specialising in asset-based investing with nearly 20 years of experience in aircraft investment, leasing, and servicing, have exchanged a Memorandum of Understanding (MOU) to finance the airline’s four aircraft valued at US$560 million (approx. RM2.37 billion). The event took place during the Vietnam-Ireland Business Forum in Dublin in the presence of Vietnam’s General Secretary and State President To Lam. As part of the MOU, Castlelake intends to provide financing for four new, modern Airbus A321neo aircraft under Vietjet’s existing order with Airbus. These aircraft are scheduled for delivery within 2024. This arrangement follows a financing agreement completed in 2023 for three Airbus A321neo aircraft and serves as a foundation for future cooperation on financing agreements to support Vietjet’s rapidly growing fleet. “Castlelake is pleased continue building its relationship with Vietjet and to support Vietjet’s mission t...
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