Vietnam Airlines targets 11.5 billion USD profit in European market

The national flag carrier Vietnam Airlines hopes to earn 11.5 billion USD in the European market, 1.7 billion USD higher than that of 2017.

An airplane of Vietnam Airline (Photo: VNA)


Paris (VNA)
– The national flag carrierVietnam Airlines hopes to earn 11.5 billion USD in the European market, 1.7billion USD higher than that of 2017.

Director of Vietnam Airlines’ branch in France and Europe Cao Anh Son revealedthe target at a meeting with more than 100 partners in Paris on January 31.

He said the carrier also targets a 13 percent increase in revenue and an 8.3percent rise in the number of passengers in 2018.

According to Son, the firm operated 180,000 safe flights in 2017, serving nearly26.5 million passengers, up 6.7 percent against the previous year.

The on-time performance (OTP) rate ofdeparting flights reached over 90 percent, turning Vietnam Airlines into oneof the world'sleading airlines with the highest OTP.

Vietnam Airlines also continued to affirm its position as the four-starinternational airlines in line with Skytrax’s standards in the second consecutive year, with the fleet of 10Airbus A350-900 XWB  and 11 Boeing 787-9Dreamliner.

Representatives from Vietnam Airlines partners in Europe saidthe carrier has improved its services under the four-star standards, thus bringingconvenient services and interesting experience to passengers.

They hoped the Vietnamese Government will add more countries to the list of thoseentitled to visa exemption apart from France, the UK, Germany, Italy and Spain,adding that this will help increase competitiveness of the national flag carrierin attracting more customers.

Airfare agents and travel agencies took the occasion to share information andseek partners, thus promoting sales of tickets and tours to Vietnam./. 
VNA

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