Vietnam
Airlines Announces Business Performance For First Six Months Of 2016
Hanoi, 22 July 2016 – Vietnam Airlines’ Joint Stock
Company (Vietnam Airlines) has announced the company’s business performance
from January to June 2016.
In the first six months of 2016, the aviation market grew by
27.2 per cent compared to the same period last year, with a 37 per cent
increase in the domestic market. This was despite the difficulties and
challenges that Vietnam Airlines was faced with due to economic slowdown,
instability and terrorism in Europe and overcrowded infrastructures, especially
at Tan Son Nhat international airport.
In responding swiftly to these circumstances Vietnam Airlines has
captured the strong growth of the market, adopting effective measures to
improve its operations and make good use of favourable conditions. Thanks to
these measures, the business has achieved positive results with a high growth
rate over the period, exceeding the set targets. Key achievements to note
include:
• In the first six months of 2016, Vietnam Airlines operated over
70,300 safe flights (an increase of 10.7 per cent from the same period last
year); carried 9.65 million passengers (an increase of 15.5 per cent from the
same period last) and saw transport on international routes increase by 6.9 per
cent and on domestic routes by 21.1 per cent . The corporation also achieved a
freight output of 124,800 tons, exceeding its targets with an increase of 18.1
per cent over the same period last year.
• The company’s total consolidated revenue is estimated at more
than 36 trillion VND and pre-tax profits are estimated at 1,600 billion VND,
reaching nearly 7per cent of the target set for 2016. The airline’s parent
company recorded an estimated revenue of over 29 trillion VND and nearly 1,140
billion VND in estimated profits, reaching over 7 per cent of the target set
for 2016.
• Vietnam Airlines also accomplished two major tasks. Its
restructuring and acquisition was completed with the signing and receipt of the
share transaction payment made by ANA Holdings, who officially became a
strategic shareholder on 1 July 2016. On 12 July, Vietnam Airlines was awarded
4-star airline certification at the SkyTrax World Airline Awards event at the
Farnborough International Airshow. The airline is now officially a member of
the world’s leading 4-5 star carriers and has been recognised as one of the
world’s top three most improved airlines.
Vietnam Airlines has achieved these positive results thanks to its
efforts in creating groundbreaking developments, taking advantage of
opportunities to grow, increasing profitability, improving service quality and
enhancing business efficiency.
Over the next six months, Vietnam Airlines will continue to
mobilise its resources to ensure safety and security and improve the efficiency
of its fleet. It will also coordinate with the airlines of the corporation, its
strategic partner ANA and other SkyTeam members in order to introduce to the
market further excellent products that are well-priced and comfortable in
transit, meeting the quality required
of a 4-star service and the increasing needs of passengers.
Vietnam Airlines offers the UK’s only nonstop flights to Vietnam,
operating daily services from Heathrow Terminal 4 to Hanoi or Ho Chi Minh City.
Flights are carefully scheduled to offer convenient overnight journeys in both
directions, and excellent onward connections via its comprehensive network of
over 40 destinations in Asia, including 23 within Vietnam and Indochina, as
well as China, Japan and Taiwan.
Return fares from Heathrow to Ho Chi Minh City currently start
from £396 per person, inclusive of taxes. For further information and
reservations visit www.vietnamairlines.com or speak to a travel agent.
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