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Airlines catch glimpse of light at the end of tunnel


Airlines catch glimpse of light at the end of tunnel
08:00 | 08/04/2021
While some low-cost airlines are insisting they made some remarkable gains in 2020, accelerating plans to open international routes are to further help other struggling Vietnamese airlines that continue to seek financial support to get through the heavy losses forced on them by pandemic restrictions.
Vietjet’s forced focus on the domestic arena last year has in part paid off financially. Photo: Duc Thanh
In total, the Vietnamese aviation sector reported losses of VND18 trillion ($782.6 million) from their transportation operations last year, while the sector’s revenue declined VND100 trillion ($4.35 billion) in comparison to the previous year. ....

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