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Update news Vietnam Airlines
Members of the Vietnam Airlines Group, including Vietnam Airlines, Jetstar Pacific and Vasco plan to increase the frequency of flights from May 16 to meet the increasing travel demand of passengers after the COVID-19 outbreak ends.
About 240 Vietnamese citizens were repatriated from France on Vietnam Airlines flights on May 5 and 6.
Nearly 300 Vietnamese citizens were brought home from the United Arab Emirates (UAE) on May 2-3 under the coordination among Vietnam’s relevant agencies, the Vietnamese Embassy in UAE, national flag carrier Vietnam Airlines and UAE authorities.
Air carriers have increased the frequency of domestic airlines since April 25 after the Prime Minister relaxed the social distancing policy.
Vietnam Airlines has announced in its Q1 financial report that its first quarter losses were greater than its 2019 profits.
The initial losses caused by flight reductions for Vietnam’s air carriers and land management agencies may total VND10 trillion.
State-owned transport giants Airports Corporation of Vietnam, Vietnam Airlines, Vietnam Railways, and Vietnam Maritime Corporation suffered all-time biggest losses in the first quarter of 2020 due to COVID-19
National flag carrier Vietnam Airlines wants to buy 50 additional airplanes despite numerous difficulties caused by the Covid-19 pandemic.
If enterprises are treated unequally, Vietnam will suffer immeasurable consequences, said lzwyer Truong Thanh Duc from Basico Law Firm.
Jetstar Pacific Airlines (JPA), the low-cost Vietnamese air carrier, is moving ahead with the third restructuring, expected to be carried out after the epidemic ends.
About 100 British nationals have flown home from Vietnam and Cambodia on a Vietnam Airlines flight specially arranged by the British Embassy in Vietnam and Vietnamese authorities.
The Civil Aviation Administration of Vietnam (CAAV) has proposed that the Government provide urgent support for aviation firms, which have been badly affected by the coronavirus outbreak.
Vietnam Airlines is among 51 stocks that had been barred from margin lending in the second quarter, according to the Ho Chi Minh Stock Exchange (HoSE).
Vietnam Airlines operated two special flights carrying EU citizens and Vietnam’s medical support for five European nations to Germany on April 6 and 8.
Nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC) incurred losses worth around $160 million in the first quarter of this year due to the impacts of the COVID-19 pandemic.
The Ministry of Transport has proposed the Government assign the Ministry of Finance to consider reducing several taxes for transport businesses affected by COVID-19.
National flag carrier Vietnam Airlines will limit the number of passengers on flights to Ho Chi Minh City from April 6-15 following a request from the Civil Aviation Authority of Vietnam.
The country’s newest carrier Vietravel Airlines has delayed its launch plans due to the COVID-19 pandemic.
Vietnam’s airlines have halted providing flights on most international air routes because of the Covid-19 crisis. This is causing big losses to air carriers and land service companies.
Vietnam Airlines will lose some VND50trn (USD2.1bn) in revenues while 10,000 staff are without work due to the Covid-19 outbreak.