VALCVietnam Aircraft Leasing Co.
VALCValue Added Logistics Center
VALCVision Academy Life Center
References in periodicals archive ?
VALC seeks to lessen the country's dependency on international airlines by increasing the number of aircraft owned by a Vietnamese company.
Vietnam Airlines will take four of the new airplanes and VALC will purchase the remaining eight Dreamliners, leasing them to Vietnam Airlines.
18, 2007, update include: Boeing Business Jet (one 737 and one 787), British Airways (24 787s), Dubai Aerospace Enterprise (70 737s, five 747-8Fs, 10 777s, and 15 787s), GOL Airlines (40 737s), Jeju Air (five 737s), VALC (eight 787s), Vietnam Airlines (four 787s), and Unidentified (17 737s).
The order is the first ever placed by VALC, which is was formed earlier this year by Vietnam Airlines, the Bank for Investment and Development of Vietnam (BIDV), the Vietnam National Oil and Gas Group (PetroVietnam), the Vietnam Shipbuilding Industry Group (Vinashin) and the Phong Phu Corporation.
VN will take the A350s and 10 A321s while VALC will acquire the remaining A321s.