Vietjet and SPDB Financial Leasing (SPDBFL), a subsidiary of Shanghai Pudong Development Bank, have exchanged an agreement for the finance lease of 10 COMAC C909 aircraft, expanding financial and aviation cooperation between Vietnam and China.
The event took place at the Embassy of Vietnam in Beijing, in the presence of Vietnam’s Deputy Prime Minister Phan Van Giang, along with senior government officials and representatives of leading enterprises from both countries. The event was held during the state visit of Vietnam’s General Secretary and President To Lam to China.
Driven by its vision to become a multinational aviation group, Vietjet is expanding its international flight network and investing in a modern fleet. Supporting this strategy, SPDB - one of China’s leading financial institutions - brings strong financial capacity and extensive experience in financing large-scale projects. Through SPDBFL, the bank plays an important role in structuring aircraft leasing and financing solutions, helping airlines optimize capital and execute long-term growth strategies.
The two parties agreed to finance aircraft through operating leases, with a larger scale and deeper level of cooperation, covering up to 10 COMAC C909 aircraft. This step contributes to optimizing the operational efficiency of Vietjet’s fleet, while diversifying financial resources and enhancing access to international capital markets.