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Vietnam Air Signs Loan Deal For Airbus A321s

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Vietnam's ExIm Bank has signed a credit agreement to lend USD$100 million to national carrier Vietnam Airlines to help it buy four Airbus A321 passenger jets this year, the central bank said.

The 10-year loan will help Vietnam Airlines take delivery of four A321s in 2012, part of its order for 26 Airbus planes for the 2011-2014 period, the State Bank of Vietnam said in a statement.

(Reuters)