Vietnamese Airlines forecast to lose over US650 million in 2021


HANOI, March 23 (Bernama): Vietnamese airlines are projected to post a total loss of VND 15 trillion (US$650 million) in 2021, with their revenue continuing to plunge compared to that of last year, reported Vietnam News Agency (VNA) according to the Vietnam Aviation Business Association (VABA).

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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

UN Relief Chief sounds alarm about worsening humanitarian crisis in Gaza amid aid blockage
Laos' Hin Nam No National Park aims for world heritage status
Asean and EU launch blue book 2024-2025, affirming strategic partnership between the two blocs
Cambodia records 15.2 per cent export growth in first four months; US and China are top buyers
Civilian casualties rise in Myanmar's civil war as resistance forces tighten noose around military
Zii Jia targets gold for Paris Olympics
Indonesia sorry for online racism after Guinea loss ends Olympic dream
KKB by-election: IGP says two arrests made, 12 reports lodged
O.K. Lim, Singapore oil trader and once superstar businessman, convicted of cheating and abetting forgery
Philippines defence chief says military must evolve fast in order to keep 'free and open' Asia-Pacific region

Others Also Read