Aircraft lessor AviaAM Leasing signed a long-term lease agreement for three Airbus A321s with Bamboo Airways, a Vietnamese start-up carrier. The first two aircraft were delivered at FL Technics facilities in Kaunas, Lithuania in late October.

According to the contract, all three Airbus A321 aircraft will be reconfigured before the delivery to Bamboo with support of FL Technics. The airline will operate these aircraft under an eight-year dry lease agreement.

The delivery of the third aircraft is scheduled for November 2019.

“We are delighted to start this cooperation with our first client in Vietnam. It is a good example of our capabilities and tailored solutions being recognized by clients worldwide, and we are pleased to support the airline’s ambitious plan of becoming the first 5-star airline in the country,” says Tadas Goberis, chairman and CEO of AviaAM Leasing.