A female pilot of Vietnam Airlines

The national carrier Vietnam Airlines has gained the approval of the HCM City Stock Exchange to list its 1.4 billion shares on the southern bourse.

Vietnam Airlines launched its initial public offering (IPO) in 2014. The largest shareholder at the time was the Ministry of Transport with 86% of the capital. In 2016, Japan’s biggest airline ANA Holdings bought an 8.8% stake in Vietnam Airlines for USD108 million.

Last year, the carrier posted a record-high revenue of VND96.8 trillion (USD4.2 billion), up 17% on-year. Its pre-tax profit for 2018 rose 34% on-year to VND3.24 trillion (USD140.9 million).

By late December last year, Vietnam Airlines had 1,118 pilots with 75.67% being Vietnamese pilots.

The average salary of the firm’s pilots in 2008 was estimated at VND132.5 million, up 9% on-year.

Meanwhile, Vietnam Airlines’ flight attendants received a monthly average salary of VND28.9 (USD1,256) million in 2018, up 2.4% on-year.

The salary for staff in other positions, except for those at the board of directors, was VND28.8 million per month, up 19.4% on-year. Dtinews