Technology
Vietjet Air to Pay $250 Million to Resolve UK Legal Dispute
Vietjet Air plans to pay approximately $250 million to resolve a legal dispute over four leased aircraft, according to sources, following court orders freezing its assets outside Vietnam. The Vietnamese government has encouraged a swift resolution.
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- VietJet to pay $250 million to lessor after asset freeze, sources say
Vietnamese budget carrier VietJet has agreed to pay its lessor approximately $250 million in overdue payments, following a court-ordered freeze on its assets. The settlement is expected to resolve a significant dispute in the aviation sector.