Tuesday , November 26 2024

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Airlines report losses in 2022

Airlines report losses in 2022

Vietnam Airlines and Vietjet incurred losses of VND10 trillion (US$423.7 million) and VND2.17 trillion last year mainly due to higher fuel prices and forex volatility. Vietnam Airlines reported consolidated revenues of VND71 trillion, higher than the combined revenues of 2020 and 2021 but only 70% of pre-pandemic levels. Its losses …

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