US Exim Bank aims to finance Vietnam Airlines purchase of 50 Boeing 737 Max aircraft in mid-2026
The Export-Import Bank of the United States (US Exim Bank) aims to issue a Preliminary Commitment as early as this summer for financing Vietnam Airlines’s planned purchase of 50 Boeing 737 MAX aircraft.
David Fiore, vice president of Transportation at US Exim Bank. Photo courtesy of Vietnam Airlines.
David Fiore, vice president of Transportation at US Exim Bank, made the statement at a recent working session with Vietnam Airlines, according to the national flag carrier's Monday release.
Both sides would continue close coordination to advance toward a Final Commitment in line with the agreed timeline, the executive added.
At the meeting, Vietnam Airlines said it is accelerating its air cargo strategy, with plans to introduce dedicated freighter aircraft from 2026.
The carrier also outlined plans to establish a regional aircraft maintenance, repair, and overhaul (MRO) hub at Long Thanh International Airport, positioning Vietnam as a leading MRO center in Southeast Asia.
The carrier also noted its strong recovery and restructuring roadmap, targeting the elimination of accumulated losses during the 2026-2030 period.
Vietnam Airlines chairman Dang Ngoc Hoa said the airlines aims to achieve an average annual growth of over 10% inthe next five years, with total passenger traffic projected to reach 168 million and cargo volume exceeding 2.25 million tons.
By 2030, the airline plans to expand its fleet to approximately 151 aircraft, with a strategic emphasis on narrowbody aircraft to enhance flight frequency, operational flexibility, and cost efficiency.
Vietnam Airlines (HoSE: HVN) reported its consolidated revenue reached more than VND123 trillion ($4.68 billion) in 2025, up 10% from a year earlier. This means it earned VND336 billion ($12.79 million) in daily revenue, an all-time high in the carrier's 30 years of operation.
Pre-tax consolidated profit rose to VND8.45 trillion ($321.6 million), rising marginally by 0.4%, reflecting improvements in operational efficiency following a period of market disruption.
On the Ho Chi Minh Stock Exchange (HoSE), HVN shares closed Monday at VND28,300 ($1.1) apiece.
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