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Vietravel Airlines has reported a profit of VND10 billion (US$400,128) for the first three months of the year, achieving its first profitable quarter since its inception in 2021. As a subsidiary of the tour operator Vietravel, the airline announced…
Vietnam Airlines will launch two new routes connecting Hanoi and Ho Chi Minh City with Germany’s Munich starting October. The state-owned carrier said Tuesday that it will use the wide-body Boeing 787 aircraft for the routes. The Hanoi-Munich route will have…
Vietnam Airlines has increased the number of flights with up to 66,200 more seats to meet high demand during the upcoming holiday. The group announced Tuesday morning that 310 flights will be added between Jan. 25 and Feb. 24. Air travel demand is expected to…
Vietnam Airlines is the latest member to join the Association of Asia Pacific Airlines (AAPA), as announced by a press release on 14 November, with immediate effect. As part of the AAPA, Vietnam Airlines will participate in the Association’s meetings and…
Vietnam Airlines has canceled its annual general meeting for a fourth time this year pleading “unfinished” preparations even as it continues to struggle with losses. The state-owned carrier informed the Ho Chi Minh Stock Exchange Monday that its meeting…
Vietnam Airlines is set to auction three narrow-body aircraft Airbus A321CEO at a starting price of $5 million apiece in this quarter. The three jets were made in 2007 and are currently at Noi Bai International Airport and Tan Son Nhat International Airport.…
Over 2.2 billion HVN shares of Vietnam Airlines will be restricted from trading in the afternoon only, starting from July 12, due to the company’s delay in submitting its financial reports. The Ho Chi Minh Stock Exchange made the restriction decision on…
The average monthly salary of Vietnamese pilots working for Vietnam Airlines was 41% lower than their foreign colleagues’ last year, a gap that caused many to quit. A recent report by the Ministry of Labor, Invalids and Social Affairs, which flagged this,…
Vietnam Airlines’ HVN shares will see trading restrictions from May 12 for failure to file its results in time. The carrier has been more than 30 days late in submitting its audited consolidated financial statements for 2022, the Ho Chi Minh Stock Exchange…
National Citizen Commercial Bank plans to seek shareholders’ permission this month to sell 203 million shares, equivalent to a 11% stake, of Bamboo Airways. Property developer FLC pledged some of the shares as collateral for loans. FLC and its disgraced…
Vietnam Airlines posted a pre-tax profit of VND19.3 billion ($822,500) in the first quarter after losses in 12 consecutive quarters. The airline saw revenue doubling year-on-year to VND23.64 trillion, the highest quarter record since Q1 2020. It is near the…
Vietravel Airlines is expecting to expand its fleet to six by adding three more aircraft in the third quarter following a plan set out from the early days of its establishment. The move in association with a recruitment program slated for May in Ho Chi Minh…
Airlines and some experts have proposed hiking and eventually removing domestic airfare caps to support businesses in difficult times. Last year, no domestic airlines were profitable because of higher fuel costs, foreign exchange rates, and interest rates,…
Vietnam Airlines and Vietjet incurred losses of VND10 trillion (US$423.7 million) and VND2.17 trillion last year mainly due to higher fuel prices and forex volatility. Vietnam Airlines reported consolidated revenues of VND71 trillion, higher than the combined…
Vietnam Airlines reported a loss of VND10.09 trillion ($430.3 million) last year and blamed it on rises in fuel prices and exchange rate volatility. Its revenues were worth around VND71 trillion, equivalent to 70% of revenues in 2019 before the Covid-19…
Vietnam Airlines has expanded its Tet schedule for a fourth time with 108 additional flights with 20,000 seats. The airline said most of the flights are from HCMC and Hanoi to Vinh, Thanh Hoa, Hai Phong, Da Nang, and Hue. In all there will 9,200 flights with…
