VietNamNet Bridge - VietNamNet Bridge - Representatives of Vietcombank and Vietinbank were elected to the Board of Directors and Supervisory Board of Vietnam Airlines at the carrier's first shareholders' meeting yesterday.

Speaking at the Vietnam Airlines’ first general meeting of shareholders on Thursday, March 12, Truong said that after equitization, the airline needs to change the nature of operations, modernize its fleet, improve the quality of services, and have profit as its target.

Truong also asked Vietnam Airlines to choose good investors to improve the quality of service and expand its network in the world.

"Vietnam Airlines must be self-reliant. Vietnam Airlines currently has banks as its shareholders; this is an opportunity to mobilize more capital and improve potential," said the Deputy Minister.

In the initial public offering (IPO) in late November last year, Techcombank and Vietcombank bought a total of 48.3 million shares of Vietnam Airlines, equivalent to more than 3% of the charter capital and about 98% of the shares offered.

At the shareholders' meeting yesterday, representatives of these banks were elected to the Board of Management and Supervisory Board of Vietnam Airlines.

Techcombank Securities Company’s Chair Nguyen Xuan Minh was elected to the five-member Board of Directors of Vietnam Airlines.

The four remaining members are all representatives of the State capital and the longtime officials of Vietnam Airlines. Meanwhile, Mr. Lai Huu Phuoc, representative of Vietcombank, was elected to the Board of Supervisors.

Vietnam Airlines set to carry 84.9 mln passengers in 2015-2018

The nation’s flagship carrier, Vietnam Airlines, revealed a number of important goals for 2015-2018 during its first shareholders congress held to pass relevant business plans and strategies.

Pham Ngoc Minh, General Director of Vietnam Airlines, said the airline will aim to transport 16.7 million passengers in 2015, up 6.2 percent annually.

The company will maintain its seat occupancy rate of 78.5 percent and market share of 45.9 percent, he added.

Minh said the company plans to invest nearly 23 trillion VND, of which 21.2 trillion VND are allocated to increasing its fleet.

He also revealed the airline aims to transport 84.9 million passengers from 2015-2018 which will represent annual increases of 16.1 percent.

The airline also aims to airlift 967,000 tonnes of cargo, up 13.9 percent.

The congress also set a revenue of 383.7 trillion VND, and a gross profit of 9.1 trillion VND.-