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5 years 2 months
Submitted by ctv_en_6 on Sat, 04/24/2010 - 10:45
The Vietnam Aircraft Leasing Company (VALC) has received the first ATR72-500 under a contract to buy these 5 airplanes between the company and France’s Avion de Transport Regional (ATR).

VALC will transfer this airplane to the Vietnam Airlines Corporation (VAC) following a previously signed leasing contract between the two companies.

Other four ATR72-500 airplanes are scheduled to be given in June, September, October and December.

VALC was established by the Bank for Investment and Development of Vietnam (BIDV) under a Prime Minister decision. Its shareholders are state groups and corporations.   

In addition, the company is investing in ten Airbus A321-200 and eight Boeing B787 aircraft, at a total cost of US$2.5 billion.

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