Vietjet and Novus Aviation Capital to collaborate on aircraft financing and SAF initiatives

Global leasing and financial platform Novus Aviation Capital is to collaborate with Vietjet on what the Vietnamese carrier describes as ‘the establishment of an aircraft financing and leasing vehicle’ as well as working on developing sustainable aviation fuel (SAF) initiatives in the country. The partnership will initially provide financing and acquisition of 15 new aircraft ordered by Vietjet from Boeing and Airbus, with deliveries scheduled from 2024, and is expected to comprehensively scale up to finance Vietjet’s subsequent order book. Vietjet’s fleet currently comprises over 100 A320 and A321 aircraft, with an average age of less than three years. “Our