COVID-19 Flight Restrictions Deal Vietjet Its First Quarterly Loss
Credit: Nigel Howarth / Aviation Week
Fast-growing LCC Vietjet Air has posted its first quarterly loss since listing on the Ho Chi Minh stock exchange in February 2017, attributable to COVID-19 flight restrictions and passenger drop-off. For the three months ending March 31, 2020, Vietjet posted a VND989 billion ($42 million) loss, a...
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