Vietnam Airlines and Vietnam Aircraft Leasing

Boeing Finalizes 787 Order with Vietnam Airlines
Vietnam Airlines and Vietnam Aircraft Leasing Co. (VALC) have finalized an order for a total of 12 Boeing 787-8s with a list value of approximately US$ 2 billion.Vietnam Airlines will take four of the new airplanes and VALC will purchase the remaining eight Dreamliners, leasing them to Vietnam Airlines.The combined Vietnam order pushes 787 order totals to 802. The order is included in 2007 totals and will be included in this week’s Boeing Orders.
This is the second order for the 787 Dreamliner by the airline, following a previous order for four airplanes in 2005. The airline was the seventh carrier to select the 787, with an initial commitment in late 2004.The order is the first ever placed by VALC, which was formed last year by Vietnam Airlines, the Bank for Investment and Development of Vietnam (BIDV), the Vietnam National Oil and Gas Group (PetroVietnam), the Vietnam Shipbuilding Industry Group (Vinashin) and the Phong Phu Corporation.

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