By Cirium2021-04-16T01:07:00+01:00
Vietnam Airlines has outlined various support measures to improve its financial position following its losses in 2020.
In a filing to the Ho Chi Minh City stock exchange dated 14 April, the flag carrier has disclosed the serious impact of the Covid-19 pandemic on its business and financial performance in 2020, with passenger numbers for the full year declining 45% versus 2019.
Source: Vietnam Airlines
A Vietnam Airlines ATR 72-600
Vietnam Airlines reports a consolidated after-tax loss of D11.2 trillion ($485 million) and an after-tax loss of D8.75 trillion. The consolidated figure includes the mainline carrier, VASCO, Pacific Airlines and affiliate Cambodia Angkor Air.
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