Shareholders of Vietnam Airlines Corporation approved the 2020 business and production plan on Monday, which noted that consolidated losses will not exceed VND15.17 trillion ($655.7 million).
The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.
Budget airline Pacific Airlines, a member of Vietnam Airlines Corporation formerly known as Jetstar Pacific Airlines, launched its new flight attendant uniform and brand identity after changing the name and reservation and ticketing system on Friday.
Vietnam Airlines Corporation has proposed the Government to lend money at the lowest preference interest rate to help the firm overcome serious impacts caused by the COVID-19 pandemic.
The profit of Vietnam Airlines Corporation will be strongly affected by the spread of COVID-19 in countries around the world, according to the preliminary report of the Committee for Management of State Capital at Enterprises (CMSC).
Vietnam Airlines Corporation recorded revenue and pre-tax profit of nearly VND102 trillion (US$4.39 billion) and VND3.37 trillion ($146 million) this year, respectively, marking the firm’s highest ever earnings.
Vietnam Airlines Corporation has decided to increase the salary of pilots on Boeing B787 and Airbus A350 by 22 per cent, nine months ahead of schedule.
The Ho Chi Minh Stock Exchange (HoSE) today officially opened the first trading session for more than 1.4 billion shares of Vietnam Airlines Corporation, listed with code HVN.
Budget carrier Jetstar Pacific, an affiliate of Vietnam Airlines Corporation, announced its estimated total revenue was VND9.1 trillion (US$390 million) this year, 21 per cent higher than the target set early this year.
Vietnam Airlines Corporation earned a pre-tax profit of nearly VND1.92 trillion (US$82.4 million) in the first half of 2018, a year-on-year increase of 87 per cent.
The Vietnam Airlines Corporation plans to build a logistics centre in the southern city of Can Tho this year, said Deputy General Director Trinh Hong Quang at a meeting with the local leaders on Friday.
Vietnam Airlines Corporation will pay dividends to its shareholders at eight per cent—two per cent higher than the previous year—after it achieved impressive results in 2017.
Vietnam Airlines Corporation has announced that it will switch operations to Terminal T2 from T1 at Baiyun International Airport in China’s Guangzhou City from May 19 to improve its services.