VietJet Air gets $60 mln credit for Airbus purchase

April 15, 2015 1:19 PM

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HANOI, April 15 (Reuters) - Vietnam-based budget airline VietJet Air is to finance the purchase of five Airbus planes via a credit line of nearly $60 million arranged by French-based lender BNP Paribas SA, the carrier said on Wednesday.

The two-year loan will help finance VietJet's purchase of Airbus planes under a $9 billion order placed in 2014, as the carrier seeks to tap into a booming southeast Asian market and eyes new ventures with airlines in north Asian countries.

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