Vietnamese budget carrier Vietjet closed deals worth a combined US$4.7 billion with American partners during the official visit by Vietnamese Prime Minister Nguyen Xuan Phuc to the U.S. that wrapped up on Thursday.

The biggest deal was a $3.58 billion agreement between Vietjet and CFM International, a joint venture of General Electric and Safran, to purchase 215 engines to power the airline’s fleet, the carrier announced on Wednesday.

The 12-year deal, which includes certain technical services, engines, and component maintenance, was signed under the witnesses of Prime Minister Nguyen Xuan Phuc and U.S. Secretary of Commerce Wilbur L. Ross, Jr.

“The engines under today’s agreement will help us save up to 15 percent on fuel consumption as well as obtain other comprehensive services in technical support, maintenance, and training,” Vietjet’s President and CEO Nguyen Thi Phuong Thao said at the signing ceremony.

“We strongly believe that this agreement will promote economic and trade exchange between the two countries and create million jobs for our two peoples.”

Vietjet and GE Capital Aviation Services also signed a memorandum of understanding on aircraft financing worth $1 billion.

The U.S. company will financially support Vietjet in their purchase and enter into leaseback arrangement of ten aircraft the Vietnamese carrier is scheduled to order.

Vietjet and Honeywell Aviation also inked an agreement on auxiliary power unit supplies and technical maintenance to power the airline’s 98 airplanes.

The $180 agreement is aimed to help Vietjet’s fleet receive maintenance in accordance with leading global standards.

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