Vietnam Airlines post 9m losses

Vietnam Airlines management stated yesterday that they had lost VND10.75 trillion (US$463.7m) in the first nine months of 2020. During the period, the airline recorded a combined revenue of nearly VND24 trillion, equivalent to 41.7% of its yearly plan. According to Tran Thanh  Hien, chief of the Finance-Accounting Department of Vietnam Airlines, given the two waves of the COVID-19 outbreaks, the Vietnam Airlines Group – comprising Vietnam Airlines, Pacific Airlines and Vasco – has maintained its 51.7% market share of passenger transport. Between January and September, the group conducted 46,700 flights, transporting nearly 11.9 million passengers and 146,000 tonnes of