The aviation sector has so far borne the brunt of three waves of Covid-19 outbreaks, which has frozen international travel. In the first two months of this year, their international passenger throughput amounted to 66,600, down 98.8 per cent on-year.
These figures were mentioned in the VABA’s proposal for credit assistance to aviation companies, which was recently submitted to the Ministry of Planning and Investment.
Earlier, Vietnam Airlines obtained a credit package worth VND 4 trillion. As a result, in the proposal, Vietjet Air has asked for a credit package of between VND 4-5 trillion for 2021 - 2023, with an interest rate reduced by 4 per cent.
Meanwhile, Bamboo Airways has called for a refinanced zero-percent-interest-rate long-term loan of VND 5 trillion and long-term loans worth VND 5 trillion from commercial banks with subsidised interest rates.
The VABA also proposed reducing the environmental tax on fuels to VND 900 - 1,000 per litre and extending deadlines for paying taxes, including corporate income tax, value-added tax, and personal income tax. - Bernama