Vietnam Airlines aims for 1.8 bln USD revenue

The national flag carrier Vietnam Airlines expects to see a total revenue of 32 trillion VND (1.78 billion USD) this year, up 30 percent against last year in the context of the global economic recovery.

To realise the target, the carrier estimates that it will have to transport more than 11 million passengers this year.

This year’s positive targets are based on its good performance last year which was in marked contrast to many airlines globally facing bankruptcy, losses and laying-off of staff


Vietnam Airlines aims for 1.8 bln USD revenue

The carrier notched up 24.5 trillion VND (1.36 billion USD) in turnover last year with the company netting a profit of 150 billion VND (8.3 million USD).

The results mainly stemmed from its focus on the domestic market.

It opened a series of new routes last year, including Hanoi-Can Tho, Hanoi-Quy Nhon, HCM City-Dong Hoi, Hanoi-Tuy Hoa, and Hanoi-Pleiku.

With such efforts, Vietnam Airlines transported about 9.3 million passengers last year, a 6.6 percent in increase from last year, with Vietnamese clients accounting for up to nearly 6.2 million, a year-on-year increase of 17.6 percent.

It also handled around 131,220 tonnes of cargo, up 2.3 percent from last year. Of the total, 87,000 tonnes of cargo was transported on domestic routes, a rise of nearly 13 percent.

The carrier also reported a seat occupancy rate of roughly 74 percent for both local and international flights.

Source: VNA