Wednesday, June 24, 2026, 13:44 GMT+7

Vietnam Airlines secures $2.9bn US EXIM commitment for Boeing deal

Vietnam Airlines on Tuesday announced it has received a preliminary commitment from the Export-Import Bank of the United States (EXIM) for a loan worth up to US$2.9 billion to support its planned purchase of 50 Boeing 737 MAX 8 aircraft.

The commitment will pave the way for Vietnam Airlines to access international funding at competitive costs while diversifying financing sources for long-term fleet investments.

The commitment is linked to an agreement signed by Vietnam Airlines in February in Washington, D.C., to acquire 50 Boeing 737 MAX 8 aircraft.

The new jets are scheduled for delivery between 2030 and 2032 and will be operated on domestic and Asian regional routes, meeting rising passenger and cargo demand.

According to the national flag carrier, the fleet modernization project is part of its broader strategy aimed at maintaining average annual growth in the double digits over the next five years.

Vietnam Airlines expects total traffic to reach approximately 168 million passengers and more than 2.25 million metric tons of cargo during that period.

Aside from the Boeing 737 MAX 8 acquisition, EXIM is also working with Vietnam Airlines to explore financing solutions for other U.S.-related projects such as aircraft engines, maintenance facilities, and aviation services.

The carrier is working with domestic banks and international financial institutions to structure capital for large-scale investments.