Milbank advises VietJet on landmark transaction

Milbank, Tweed, Hadley & McCloy LLP advised Vietnam´s VietJet on its agreement to purchase 100 Boeing BA.N 737 MAX 200 jets worth USD11.3 billion, the company said.

The deal, signed during President Obama´s visit to Vietnam, marks a landmark transaction for Vietnam as the largest commercial aircraft order ever in the country.

Milbank also advised VietJet on its USD3.04 billion deal for engines made by Pratt & Whitney, a unit of United Technologies UTX.N, to power 30 Airbus A321 planes.

The firm´s Aviation Practice Group was recently recognized by AirFinance Journal for twelve separate “Deals of the Year.” The firm´s global practice was lauded for playing a pivotal role on landmark aviation transactions across Asia, Middle East, Europe, North America and Latin America.

Milbank, Tweed, Hadley & McCloy LLP is an international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.