Vietnam's Vietindebank plans to buy 4 Boeing 787s
HANOI - Vietnam's state-run Vietindebank said on Wednesday that it planned to buy four of Boeing Co.'s new 787 planes to lease to domestic airlines.
The aircraft purchase would be worth as much as $800 million at list prices.
"We have applied for permission from the government to establish a company to lease planes," a spokesman for the Hanoi-based bank said. He said the company would be fully operational by 2015.
The country's flag carrier Vietnam Airlines has placed an order for four Boeing 787 planes with the first delivery scheduled for next year.
Vietnamese state-owned carrier Pacific Airlines also serves the southeast Asian country.
Boeing's lightweight, fuel efficient 787 has attracted more than $100 billion in orders.
The bank, Vietnam's second-largest bank by assets, said on Wednesday it planned to issue shares to the public for the first time in the last quarter of this year.
Reuters - July 11, 2007.
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