Rajah & Tann Singapore assisted Vietjet in closing the “reaffirmation” of their deal to acquire over 400 CFM advanced Leap 1B Aircraft Engines. Vietjet is first privately owner airline in Vietnam and one of the fastest growing low cost carriers in the Indo China region.
The deal worth US$8 billion at catalog prices was signed recently in Paris, France, in the presence of the Presidents of Vietnam and France at the Elysee Palace.
Rajah & Tann Singapore’s Head of Aviation, Paul Ng, represented Vietjet in this landmark deal. The signing of this deal further underscores the return to growth in Southeast Asia’s aviation sector. Commenting on this, Paul stated that: “Rajah & Tann is delighted to be able to part of this growth journey, assisting one of the key players in one of the fastest growing economies in Southeast Asia”.
