Vietnam Airlines sees US$1.3bil revenue
(VOV) -The Vietnam Airlines Corporation gained total revenue of nearly VND28 trillion (US$1.32 billion) for the first half of this year, according corporation report released on July 31.
In H1, the domestic economy continued to recover, interest rates for loans remained low and inflation was controlled, while Vietnam continued to be a safe and attractive destination for international visitors, said the corporation.
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Vietnam Airlines, the national flag carrier and also subsidiary of the corporation, registered revenue of VND27.8 trillion (US$1.31 billion) in reviewed period, or 48.5% of the carrier's target for this year, it said.
The corporation expected to gain VND100 billion (US$4.72 million) in pre-tax profits, including VND82.3 billion (US$3.88 million) from Vietnam Airlines.
The corporation ferried around 8 million passengers, 8.5% higher than the same period last year, including about five million local passengers.
However, it continued facing many challenges in the first half of this year that affected its operations and business. These included difficulties in the domestic economy, fierce competition from the domestic and foreign markets, adverse impact of the conflict on the East Sea with China and the political crisis in Thailand and Ukraine, it said.
To meet the target set for 2014, the corporation will continue its restructuring plans, ensure security, safety and proper management of flights and improve quality of service for passengers.