According to the Vietnam Aviation Business Association (VABA), Vietnamese airlines have beared short-term debts and due debts up to VND36 trillion (US$1.6 billion) since the Covid-19 outbreak in the country. 

Three credit institutions have committed to sponsoring the national flag carrier Vietnam Airlines to get loans worth 4 trillion VND (173.67 million USD), an official from the State Bank of Vietnam (SBV) said on June 21.

The Ministry of Planning and Investment (MPI) proposed plenty of solutions aiming to save airlines from bankruptcy.

National flag carrier Vietnam Airlines has received a Foreign Air Operator Certificate (FAOC) issued by the Transport Canada, allowing it to operate flights to the North American country.

Vietnam Airlines is in an extremely difficult situation as it continues incurring losses. Private airlines, including Vietjet Air and Bamboo Airways, have also been affected financially.

Due to the impact of the Covid-19 epidemic, airline passenger numbers have dropped sharply, and as a result, many planes have been abandoned at the airport.

Vietnam Airlines has been officially licensed by US authorities to offer 12 flights from the US to Vietnam for Vietnamese citizens in 2021.

The national flag carrier Vietnam Airlines has announced the plan to sell 11 A321ceo aircraft made in 2004, 2007 and 2008.

Vietnam Airlines has signed an agreement with the International Air Transport Association (IATA) to test the IATA Travel Pass, a type of electronic health passport application.

Despite Vietnamese companies’ total net profit growing 81 percent year-on-year in the first quarter, many still posted big losses.

Vietnam Airlines incurred after-tax losses of nearly VND5 trillion in the first quarter of this year, surging over 90% year-on-year and the highest-ever losses recorded for a quarter, as the COVID-19 pandemic is emerging increasingly complicated.

As many as 39 planes of four airlines were left unused and parked at airports or in hangars as of the end of the first quarter due to travel restrictions to curb the spread of the Covid-19 pandemic, according to Civil Aviation Authority of Vietnam.

The Hochiminh Stock Exchange (HoSE) has decided to put the HVN stock of Vietnam Airlines on the warning list from April 15 as its 2020 after-tax profit was reported at negative VND10.9 trillion.

Despite the Covid-19 crisis, Bamboo Airways and Vietnam Airlines have announced plans to fly non-stop to the US by the end of this year.

From April 1 to June 30, Vietnam Airlines will expand the operation of four international air routes: Hanoi - Narita (Tokyo, Japan), Hanoi - Incheon (Seoul, South Korea), Hanoi - Sydney and Ho Chi Minh City - Sydney (Australia).

Vietnam Airlines’ dream of a direct commercial flight to the US is being quickened as a way to shelter from the financial trouble amid the pandemic, with repatriation flights being the pre-runner for future non-stop journeys across the Pacific Ocean.

Aviation service companies continue experiencing hardships due to the Covid-19 pandemic, but the business of Johnathan Hanh Nguyen still is making a profit.

The People’s Court of Ho Chi Minh City on March 30 handed down a two-year suspended sentence to a flight attendant for “spreading dangerous infectious diseases to humans”, under the 2015 Penal Code.

The Board of Directors of Vietnam Airlines has unexpectedly approved a plan to resume direct flights from Vietnam to the US.

National flag carrier Vietnam Airlines will work with domestic and foreign agencies in building and applying a “COVID-19 vaccine passport” project, Dang Anh Tuan, head of the airline’s Communications and Branding Department, has said.