Vietjet Secures $965M Deal to Acquire Six Boeing 737-8 Jets

• The financing deal is valued at $965 million and covers the acquisition of six Boeing 737-8 jets
• Griffin Global Asset Management is providing the financing for the aircraft purchase
• Vietjet characterized the agreement as a 'significant step' in diversifying its international funding sources

Summary: Vietjet Secures $965M Deal to Acquire Six Boeing 737-8 Jets

Vietnamese budget carrier Vietjet has finalized a $965 million financing agreement with Griffin Global Asset Management to purchase six Boeing 737-8 aircraft, the airline announced on Thursday, February 19, 2026.

Key Transaction Details:

• Deal Value: $965 million
• Aircraft: Six Boeing 737-8 jets
• Financing Partner: Griffin Global Asset Management
• Buyer: Vietjet (Vietnamese low-cost carrier)

Strategic Significance:

Vietjet characterized the agreement as a major milestone in its strategy to diversify international funding sources. This move suggests the airline is expanding its financing partnerships beyond traditional channels, potentially reducing dependence on regional lenders and accessing more favorable terms through alternative asset management firms.

Market Implications:

The deal reinforces several market trends:

• Continued fleet expansion among Asia-Pacific budget carriers despite global economic uncertainties
• Strong demand for narrow-body aircraft like the Boeing 737-8, which remains popular for short-to-medium haul routes
• Growing involvement of alternative asset managers in aircraft financing, indicating appetite for aviation-sector investments
• Vietnam's aviation market resilience and growth trajectory

Companies Involved:

• Vietjet: Vietnam's leading low-cost airline, continuing fleet modernization
• Boeing: Secures additional 737-8 orders, supporting its narrow-body production pipeline
• Griffin Global Asset Management: Expanding aviation finance portfolio

The transaction underscores Boeing's ongoing recovery in the narrow-body segment and highlights Southeast Asia's robust aviation demand, particularly in the budget carrier segment where Vietjet competes aggressively.