Vietjet Vice President Dinh Viet Phuong and MUL Managing Director Naoki Sato exchanged the signed agreement financing Vietjet’s acquisition of three new A321 aircraft under the witness of Vietnam Prime Minister Nguyen Xuan Phuc. — VNS Photo

Mitsubishi UFJ Lease & Finance Company Limited (MUL) will finance Vietjet’s acquisition of three brand new A321 aircraft, worth US$348 million.

The loan followed an agreement inked between the two sides in Tokyo on Monday in the presence of Prime Minister Nguyen Xuân Phuc and high-ranking dignitaries from Viet Nam and Japan.

The three aircraft are part of the A320 family aircraft contract signed between Vietjet and European aircraft manufacturer Airbus.

Vietjet will receive the aircraft this year to meet expansion plans for the airline’s flight network. The airline has so far taken delivery of more than 20 brand new A321s and A320s.

Under the agreement, Vietjet and MUL - a member of Japan’s leading finance group Mitsubishi UFJ Financial Group - will also work together to share best practices for the operation of airlines.

On the same day, Vietjet announced a three-day promotion, with 800,000 promotional tickets priced from zero dollars available from Tuesday.

The discounted airfares will be applied for all international routes from Viet Nam to Seoul and Busan (South Korea), Hong Kong, Kaohsiung, Taipei, Taichung and Tainan (Taiwan), Singapore, Bangkok (Thailand), Kuala Lumpur (Malaysia), Yangon (Myanmar) and Siem Reap (Cambodia) with travel time from August 1 to December 31.

Customers successfully booking tickets at www.vietjetair.com with instant payment from now to June 15 will also join the lucky draw for the gifts of mobile phone top-up cards and air ticket promotion codes at summerwin.vietjetair.com. — VNS