VOV.VN - In order to revive local airlines amid their current circumstances, Government support remains crucial to creating the best possible conditions for them to restore their operations amid the risk of bankruptcy due to the increasingly complicated nature of the COVID-19) pandemic.
VOV.VN - Vietnamese Ambassador to Israel Do Minh Hung has come together with Israeli Foreign Minister Gabi Ashkenazi to sign a Protocol that amends the Air Transport Agreement, in an effort to bolster co-operation in the aviation sector, including a plan to open direct flights to promote trade and tourism between the two countries.
Deputy Minister of Transport Le Anh Tuan has signed a decision granting an air transport licence to the Vietnam Travel Aviation Co. Ltd (Vietravel Airlines).
Since the first coronavirus cases were detected in Vietnam in March, the outlook for air transport-related stocks has remained negative.
Vietjet Aviation Joint Stock Company (HoSE: VJC) recorded lower-than-expected loss of VND1.44 trillion (about US$62 million) for its air transport activities in the first half of 2020.