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NOVEMBER 2021

Week 48

News

Vietnam Airlines reports US$154 million Q3 loss

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November 30th 2021

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Vietnam Airlines recorded a net loss of more than VND3.5 trillion (US$154.2 million) in its third quarter, to September 30, as COVID-19 affected revenues at its flying, airport and engineering businesses. Read More » The result was wider than the VNR3 trillion lost in the same months a year ago but lower than the deficit of VND4.9 trillion in the first quarter of this year and a loss of VND4.4 trillion in the second quarter. VNExpress International quoted the company as saying it had proactively implemented “drastic solutions in business operations to minimise the impact of the COVID-19 pandemic, resulting in a significant drop in Q3 losses compared with the first two quarters”.

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