US Eximbank Agrees To Fund Vietnamese 787 Purchase | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 04.21.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.21.14 **
** Airborne 04.18.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.18.14 **
** Airborne 04.16.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.16.14 **

Thu, Nov 09, 2006

US Eximbank Agrees To Fund Vietnamese 787 Purchase

American military aviation came into its own as a military tool during the Vietnam conflict... and now it's helping to rebuild relations between Vietnam and the US.

The US export-import bank gave preliminary approval for a $400 million loan to help Vietnam Airlines purchase four of Boeing's 787 Dreamliners.

"The commitment of the credit guarantee by Eximbank for Vietnam Airlines is an important step in raising funds for the project to buy four new-generation Boeing 787-8s," Vietnam Airlines said, according to Reuters.

One of the airline's 777s is shown above.

More and more people are visiting Vietnam, and tourism is booming. Six-and-a-half million passengers traveled on the country's state-owned airline last year alone.

"This transaction will facilitate increased business and leisure travel to and from Vietnam, thereby contributing to the further economic growth of Vietnam," said US Ambassador Michael Marine.

Vietnam Airlines plans to double its fleet to meet an estimated 11-million passengers by 2015. Vietnam currently operates around 40 aircraft. The order from Boeing is in addition to an order for 10 Airbus aircraft scheduled for delivery later this year.

FMI: www.exim.gov/, www.vietnamairlines.com

Advertisement

More News

Classic Aero-TV: Aero-Statesman Phil Boyer – Representing The Aviation Community

Retired AOPA President Still Understands What An Association Must Do To Serve An Embattled Industry Originally WebCast October 18, 2012: Its been nearly four years since Phil Boyer>[...]

AD: Ballonbau Wörner GmbH Balloons

AD NUMBER: 2014-07-10 PRODUCT: Ballonbau Wörner GmbH Models NL-280/STU, NL-380/STU, NL-510/STU, NL-640/STU, NL-840/STU, and NL-1000/STU balloons.>[...]

Airshow Pilot Bails Out After Catastrophic Aircraft Failure

Planning Ahead And Staying Safe Saves A Professional Airshow Pilot Dan Marcotte describes himself on his website as being determined and driven with a sense of vision. His adventur>[...]

ANN FAQ: Share Aero-News With Your Friends

Send Them A Story -- We Don't Mind! Do you need another set of eyes to see that story you can't believe Jim just wrote? Want to spread Hognose's unique wisdom and perspective to th>[...]

AD: Centrair Gliders

AD NUMBER: 2014-07-08 PRODUCT: Centrair Model 101, 101A, 101AP, and 101P gliders.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC