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Update news Vietnam Airlines
The restoration of flights and increased number of passengers are helping airlines and non-aviation businesses to gradually recover in profit after the pandemic.
The national flag carrier Vietnam Airlines will resume flights connecting the central city of Da Nang with Malaysia’s Kuala Lumpur and Thailand’s Bangkok from September 1 and September 15, respectively, the carrier has announced.
Various state-run transport giants in Vietnam are seeking to diversify investment sources and restructure in order to sufficiently pull out of the mire of the last couple of years.
Since August 15, passengers of Vietnam Airlines can enjoy Vietnamese and international publications through its new free service, PressReader.
A flight of national flag carrier Vietnam Airlines had to return to Noi Bai International Airport in Hanoi on Monday while travelling to Japan to save a Japanese boy who suffered from severe nosebleeds.
Vietnam Airlines plans to restructure its assets and investment portfolio, and issue new shares to increase its equity, including selling aircraft to decrease losses and negative equity.
The non-aviation service industry has been on the fast track to recovery in the past few months, following the flourish of the aviation market.
National flag carrier Vietnam Airlines will continue to deploy online check-in services for passengers departing from Sydney and Melbourne airports in Australia as of August 1.
A number of local airlines have put tickets on sale for flights during the upcoming New Year and Lunar New Year from January 12 to January 20, 2023.
Despite the increase in the number of passengers, air carriers are still incurring losses due to the fuel price increase.
The restoration of international flight routes is an important condition for Vietnam Airlines to reduce losses and become profitable in the near future.
The continued air petrol price increase has caused headaches to air carriers. Airfares change from day to day.
Vietnam Airlines JSC has just sent a document to the Ho Chi Minh Stock Exchange (HOSE) explaining measures and a roadmap to remove it from the list of stocks trading under supervision.
The airline plans to sell the remainder of its stake in Cambodia Angkor Air this year.
Vietnam Airlines reported a net loss of over VND2.6 trillion in the first quarter of 2022, sending the national flag carrier’s accumulated loss up to VND24.5 trillion, or over US$1 billion.
The Russia-Ukraine conflict has had an impact on Vietnam’s aviation as airlines have had to change routes and flight activities.
Vietnam Airlines announced on March 22 evening that it will temporarily suspend the regular operation of the Vietnam – Russia air route, starting from March 25, until further notice.
As fuel prices have increased sharply, airlines have called for the lifting of ceiling airfares and imposition of fuel surcharges.
In response to the reopening of international tourism activities in the new normal from March 15, the national flag carrier Vietnam Airlines (VNA) has announced that it will launch a special promotional program for local and foreign passengers.
Vietnamese air carriers such as Bamboo Airways, Vietjet Air or Vietravel Airlines are recruiting pilots and flight attendants after resumption of international air routes.