Closed Borders Push Vietnam Airlines To $483M Loss
Credit: Joe Pries
Vietnam Airlines has posted a loss of VND11.1 billion ($483 million) for 2020 as border closures curtailed revenue from international flights. Total revenue slid 59% year-on-year (YOY) to VND40 trillion. The loss was not as bad as feared—the board had previously estimated a loss of VND14.5 billion...
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