Vietjet has unveiled a series of strategic initiatives at the Singapore Airshow 2026, reinforcing its long-term expansion strategy across Vietnam, India, and the wider Asia-Pacific region. The announcements — valued at over US$6.1 billion in aircraft engine and aviation financing agreements — position the airline at the centre of a newly launched Asia-Pacific Aviation Financial Hub.
The carrier emerged as a key partner in the Asia-Pacific Aviation Financial Hub (AAFH), launched by the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCM). The hub is designed to serve as a regional platform for aviation finance, leasing, and infrastructure investment, with a long-term ambition to facilitate approximately US$50 billion in aviation transaction value by 2035.
The early-stage transactions supporting the hub include a major aircraft engine and maintenance agreement with Pratt & Whitney, along with an aircraft financing partnership involving Pacific Investment Management Company (PIMCO) and other global financiers. The initiative is aimed at building structured capital channels to support rapid fleet expansion and aviation infrastructure growth across the region.
Industry heavyweights including Airbus, Boeing, CFM International, Rolls-Royce, and IATA were present at the announcement, underlining the global significance of the platform.
For Vietjet, the move represents more than a financing arrangement — it is a structural play to align fleet expansion with institutional capital access. With nearly 600 aircraft on order, the airline is expected to generate significant early transaction flows through the hub, effectively anchoring deal activity in the Asia-Pacific aviation ecosystem.
Parallel to the financing announcement, Vietjet confirmed a fresh order for 44 additional GTF-powered Airbus A320neo family aircraft — comprising 24 A321neos and 20 A321XLRs — bringing its total GTF-powered aircraft orders to 137. Deliveries are scheduled to begin in July 2026, supported by a 12-year comprehensive engine maintenance agreement.
The GTF engines are positioned as a sustainability-driven upgrade, delivering up to 20 percent lower fuel consumption and significantly reduced noise footprint compared to earlier-generation engines — a critical factor as environmental compliance tightens across global aviation markets.
Vietjet currently operates direct services connecting major Indian cities — Delhi, Mumbai, Ahmedabad, Hyderabad, and Bengaluru — with Hanoi and Ho Chi Minh City. With Asia-Pacific projected to become the world’s largest aviation market over the coming decades, the airline’s fleet modernisation and capital strategy signal a deliberate effort to scale operations efficiently while maintaining cost discipline.
The combined financing, fleet expansion, and institutional platform development mark a defining phase in Vietjet’s transition from a fast-growing regional carrier to a capital-structured multinational aviation group.
