Griffin delivers first Boeing 737 MAX 8 in six-aircraft lease to VietJet

The long-term lease adds VietJet as a new customer for the aircraft lessor and supports the carrier’s fleet modernization and regional, international expansion plans.

Summary

Griffin Global Asset Management said it has delivered the first of six Boeing 737 MAX 8 aircraft under a long-term lease to VietJet Group, marking the airline as a new customer for the Dublin-based commercial aircraft lessor. Griffin said the new-technology jets are intended to support VietJet’s fleet modernization and expansion across its operating markets, while VietJet said the aircraft will help it maintain a modern, fuel-efficient fleet and broaden regional and international connectivity as part of its sustainable low-cost growth strategy.

Terms & Concepts
  • long-term lease: Multi-year aircraft rental agreement
  • fleet modernization: Replacing older planes with newer models
  • fuel-efficient fleet: Aircraft lineup designed to use less fuel