Vietnam Airways soars to £95m revenue for 2018 | Information

Vietnam Airways Group has in the present day introduced a revenue of VND2.eight trillion (£95 million) for monetary 2018.

Development over the 12 months was primarily based on sturdy demand for air journey, optimised operational effectivity and the implementation of market-driven options to fight excessive gas costs, the airline stated.

For the primary time, Vietnam Airways and its member airways (together with Jetstar Pacific and VASCO) exceeded the VND100 trillion mark in whole consolidated income, producing roughly VND102 trillion.

Pre-tax revenue reached VND2.eight trillion, exceeding the anticipated determine by 15 per cent. 

Reflecting on the 12 months, Duong Tri Thanh, president, Vietnam Airways, stated: “Vietnam Airways’ sturdy earnings efficiency capped one other 12 months of extraordinary achievement, together with surpassing the VND2 trillion mark in revenue.

“We made vital progress on a number of key initiatives in 2018 together with improved human sources administration, enhanced product portfolio and on-time-performance index.”

Along with the constructive monetary end result, Vietnam Airways has carried over 22 million passengers on 142,000 flights and 350,000 tons of cargo in 2018.

The airline made vital progress in modernising the fleet and investing in expertise with two wide-bodies Airbus A350 and three narrow-bodies A321Neo.

Through the 12 months, Vietnam Airways was additionally recognised because the World’s Main Cultural Airline by voters on the World Journey Awards.

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