VIET NAM AIRCRAFT LEASING JOINT STOCK COMPANY

VIET NAM AIRCRAFT LEASING JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CHO THUÊ MÁY BAY VIỆT NAM – VALC.,JSC) is a specialized aviation finance enterprise headquartered in Ha Noi. Established on 08 October 2007 and registered under Business ID 0102384108, the company has over 18 years of experience in aircraft leasing and aviation asset management 

Operating from its head office at 6th Floor, No. 18 Ly Thuong Kiet Street, Hoan Kiem District, VIET NAM AIRCRAFT LEASING JOINT STOCK COMPANY focuses on aircraft leasing, spare engine and ground handling equipment leasing, private aircraft consulting, and aviation asset management services. With a lean workforce of 15 employees, the company operates as a capital-intensive financial lessor rather than a traditional airline operator. It is chaired by Tran T. H., with Nguyen D. L. serving as General Director.

Financially, VIET NAM AIRCRAFT LEASING JOINT STOCK COMPANY maintains a substantial asset base. As of 2024, total assets stood at approximately USD 335.04 million. Although revenue slightly declined to USD 59.85 million, the company remained profitable, generating net income of USD 15.92 million. Owner’s equity increased to USD 146.26 million, reflecting consistent retained earnings growth. However, working capital remained negative at USD -108.32 million, typical for leasing structures that rely on long-term liabilities to finance aircraft assets.

The shareholder structure highlights strong institutional backing. Founding shareholders include Vietnam Airlines JSC (32.48%), Joint Stock Commercial Bank for Investment and Development of Vietnam (18.52%), Vietnam Public Joint Stock Commercial Bank (12.38%), and BRG Group Joint Stock Company (11.65%), among others.

With solid profitability, growing equity, and backing from major aviation and financial institutions, VIET NAM AIRCRAFT LEASING JOINT STOCK COMPANY continues to play a strategic role in supporting fleet expansion and aircraft financing within Vietnam’s aviation sector.