Vietjet and Carlyle Group sign MOU for aircraft funding worth US$550 million - News Summed Up

Vietjet and Carlyle Group sign MOU for aircraft funding worth US$550 million


Vietjet and Carlyle Group, the US-based leading financial group, have signed an aircraft finance agreement worth US$550 million during the official visit of the U.S. President Joe Biden to Vietnam. Carlyle Aviation Partners, a wholly own member of the Carlyle Group, will finance the 737 Max aircraft from the order of 200 aircraft between Vietjet and Boeing. “Carlyle Aviation Partners has been a long-term strategic partner of Vietjet,” said Robert Korn -Co-Founder & President of Carlyle Aviation Partners. Founded in 2002 with headquarter in Miami, Florida, US, Carlyle Aviation Partners is in the business of global aircraft finance and leasing, currently manages a fleet of 396 aircraft in 59 countries. It is owned by Carlyle Group, which manages US$385 billion in assets in total.


Source: Wall Street Journal September 12, 2023 05:13 UTC



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