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 cargo.
Vietnam Airlines opened 22 new domestic routes after the epidemic was put under control and responded to the national tourism stimulus programme in the second quarter.
Currently, the carrier is operating more than 60 domestic routes with an average of 300 flights per day. Over the past eight months, Vietnam Airlines and Pacific Airlines carried out more than 100 flights to bring home over 30,800 Vietnamese from nearly 30 countries and territories worldwide. More than 2,600 cargo flights were also conducted, providing even free-of-charge transport services of medical supplies to regions across Vietnam and foreign countries amidst the COVID-19 fight.