Helicopter operator profits up 11 percent
In this article (4)
Vietnam Helicopter Corporation’s profits rose by 11 percent to VND263 billion (US$11.3 million) last year despite the severe impact Covid-19 had on the aviation industry.
It saw a 6.7 percent drop in revenues to VND2.08 trillion.
The company transports cargo and people, trains pilots, imports aviation devices, and offers firefighting services.
Owned by the Ministry of National Defense, it has seven affiliates and subsidiaries and a charter capital of VND3.98 trillion.
It charges $3,650-7,300 for an hour of chartered flying.
Questions & Answers
Q.What is the primary reason for Vietnam Helicopter Corporation's profit increase last year?
What is the primary reason for Vietnam Helicopter Corporation's profit increase last year?
The article does not explicitly state the primary reason for the profit increase. It only mentions that profits rose despite the severe impact of Covid-19 on the aviation industry.
Q.Which government entity owns the Vietnam Helicopter Corporation?
Which government entity owns the Vietnam Helicopter Corporation?
The Ministry of National Defense is the owner of the Vietnam Helicopter Corporation. It oversees the company's operations, which include various aviation-related services.
Q.How much does it cost to charter a helicopter from Vietnam Helicopter Corporation for one hour?
How much does it cost to charter a helicopter from Vietnam Helicopter Corporation for one hour?
Chartering a helicopter from Vietnam Helicopter Corporation for one hour costs between $3,650 and $7,300. The price range depends on the specific service or type of helicopter required.
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