Struggling Vietnam Airlines Secures Loan; New Cargo Airline Emerges

Vietnam
A Vietnam Airlines A321neo.
Credit: Vietnam Airlines
Vietnam Airlines appears set to be saved from collapse by three local banks that have committed to loan the carrier VND4 trillion ($174 million). Local newspapers report that the banks—Vietnam Maritime Commercial Joint Stock Bank, Saigon-Hanoi Commercial Joint Stock Bank and SeABank—have agreed to...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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