The Civil Aviation Authority of Vietnam–the CAAV–is forecasting that Vietnamese airlines could be short up to 26 jets over the summer, VN Express is reporting. This is on the back of maintenance issues with some jet engines. This is impacting airlines all around the world which are scrambling to secure additional jets to make up for those grounded which is pushing up prices.
Of note, attempts to lease aircraft by Vietnamese airlines could also be hindered by an ongoing dispute between Vietjet and UK lessor, Fitzwalter Capital, in which Vietjet has failed to return four aircraft after its lease was cancelled. This has landed Vietnam on the Aviation Working Group watchlist and could impact lease costs for Vietnamese airlines if Vietjet is found to be in breach of the Cape Town Convention governing the return of leased aircraft.