Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its third quarter financial statement, seeing a slight increase in air transport revenue over that of the previous quarter despite the second outbreak of COVID-19 in Vietnam.
Vietnamese airlines’ on-time performance (OTP) reached 96 percent in September, reported the Civil Aviation Administration of Vietnam (CAAV) on September 24.
Bamboo Airways led Vietnamese airlines in on-time performance (OTP) in August with an average rate of 95.6 percent, according to the Civil Aviation Administration of Vietnam (CAAV).
National flag carrier Vietnam Airlines has forecast a consolidated pre-tax loss for 2020 of nearly 15.18 trillion VND (over 650 million USD) due to COVID-19.
Bamboo Airways led local airlines in punctuality in the last seven months, according to a recent report released by the Civil Aviation Administration of Vietnam (CAAV).
Bamboo Airways officially put into operation two new routes on July 1, connecting Thanh Hoa city in the north-central province of Thanh Hoa with Quy Nhon city in the south-central province of Binh Dinh and with Phu Quoc Island off the coast of the Mekong Delta province of Kien Giang.
The on-time performance (OTP) of Vietnamese carriers remained at a high level from March 19 to May 18, after the number of flights was cut significantly due to COVID-19.
The Civil Aviation Authority of Vietnam has licensed Vietnam’s newest carrier Bamboo Airways to operate a direct route between the capital city of Hanoi and the Czech Republic’s capital of Prague.
Nearly 45,000 flights were delayed or cancelled in 2019 by Vietnam Airlines, VietjetAir, Jetstar Pacific, Vasco and Bamboo Airways, a year-on-year rise of 0.25 percent.
The newest low-cost carrier Bamboo Airways’ on-time performance (OTP) rate reached 93.9 percent in the first nine months of this year, the highest among domestic airlines, according to the Civil Aviation Authority of Vietnam (CAAV).
Vietnam Airlines Group, listed with code HVN, has revised down the projected consolidated revenue for 2019 from over 111.7 trillion VND (4.8 billion USD) as set in the shareholders’ annual general meeting in May to nearly 104.6 trillion VND (4.5 billion USD).
In the first six months of 2019, Vietjet’s revenue from air transport continued growing by 22 percent and its air transport profit increased by 16 percent year on year.
The on-time performance (OTP) rate of the five domestic airlines reached over 86 percent in May (April 19 – May 18), according to the Civil Aviation Authority of Vietnam (CAAV).
The rate of delayed or cancelled flights operated by domestic airlines in the first eight months of the year was lower than the world average of 25 percent.
The Vietnam Airlines Corporation earned nearly 1.46 trillion VND (64.3 million USD) in pre-tax profit in the first three months of the year, 6.2 percent higher its set plan.
Vietnam Airlines operated over 6,200 domestic and international flights during the peak of Tet (Lunar New Year), serving nearly 880,000 passengers, a rise of 7.4 percent against the previous year.
Business
