Vietnam airlines avis

Vietnam Airlines had better net revenue in Q1. — Photo courtesy of the airline The national flag carrier Vietnam Airlines announced net revenue of VND11.6 trillion (US$504.3 million) in Q1, strong growth compared to the same period last year. The airline's revenue recovered, but its equity was still VND2.16 trillion as of March 31, 2022 In the revenue structure, domestic transportation revenue grew by 96.5 per cent and international transportation increased by 71 per cent. According to the financial report, the net revenue increased by 56 per cent over the same period last year, but Vietnam Airlines still suffered a gross loss of nearly VND1.6 trillion. Compared to the same period, gross losses decreased by 47 per cent. This year, the firm had a further income of VND121 billion dong from the liquidation of aircraft and the sale and leaseback of aircraft engines. Deducting expenses, Vietnam Airlines' net loss from business activities was VND2.7 trillion, the pre-tax loss … [Read more...] about Vietnam Airlines revenue recovers in Q1

Bamboo Airways and leaders of Gia Lai Province signed the co-operation agreement. — VNA/VNS Photo Bamboo Airways and Vietnam Airlines have signed comprehensive cooperation agreements with the Central Highlands province of Gia Lai at the province’s investment promotion conference 2022 held in Pleiku City on Saturday. Accordingly, Bamboo Airways will co-ordinate and support Gia Lai Province to realise important goals, including strengthening the promotion of new direct flights to Gia Lai from key markets and maintaining available routes effectively; research and propose to develop potential international commercial routes to/from Gia Lai and pilot charter flights in the safe adaptation phase. Gia Lai will actively work closely with Bamboo Airways to regularly exchange information on tourism development plans, mechanisms and policies, creating favourable conditions for the airline to operate new routes to Gia Lai, supporting the promotion of tourism products and services as well … [Read more...] about Airlines sign co-operation agreement with Gia Lai Province

An aircraft of Vietjet Air (Photo courtesy of Vietjet) Hanoi, (VNA) – Sovico group , the co-founder of Vietjet Air , has offered one year of free flights on all domestic and international routes of Vietjet to all members of the Vietnamese men’s and women’s football teams to thank them for bringing pride and happiness to fans across the country. The two teams won the gold medals in football at the 31st Southeast Asian Games (SEA Games 31) hosted by Vietnam, thus successfully defending their SEA Games championship and marking the second time that both the male and female football teams won the SEA Games. With the philosophy of bringing good values to the community and society, the Sovico group always pays attention and accompanies Vietnam sports and tournaments. The new-age carrier Vietjet has not only revolutionised the aviation industry in Vietnam but also been a pioneering airline across the region and around the world. With a focus on cost management ability, … [Read more...] about Vietjet offers free borderless flying to SEA Games 31 football champions

Passengers board a Vietnam Airlines jet. The airline's loss has contributed to the contraction of SCIC's consolidated profit in 2021. — Photo nld.com.vn The State Capital Investment Corporation (SCIC) has recently published its financial report for 2021, announcing consolidated revenue of around VND10.1 trillion (US$438 million), 50 per cent higher than the figure for 2020. Of the amount, VND4.3 trillion came from dividends and distributed profits, VND1.9 trillion from capital sales and VND1.4 trillion from banking deposit and bond interests. The returned provision for devaluation in investments also contributed VND3.4 trillion to the figure. Despite high revenue, SCIC earned a consolidated after-tax profit of just VND3.6 trillion last year, a 10-year low, due to losses from its affiliated companies. Notably, SCIC held 31.14 per cent ownership of the national flag carrier Vietnam Airlines. By late Q3/2021, Vietnam Airlines equity fell to about VND1.5 trillion, leading to a … [Read more...] about SCIC posts lower profits due to affiliated company losses