Cash Injection Averts Vietjet Loss; Government Mulls Aid

Chen Chuanren August 03, 2020
Vietjet
Vietjet services could be grounded again if Vietnam cannot get its second spike under control.
Credit: Joe Pries
Asset transfers and investment from external partners kept Vietjet Air’s first half (H1) 2020 results in the black in a period where the LCC said its business lost VND2.1 trillion ($90.5 million). Compared to the $84 billion airlines globally are projected by IATA to lose in 2020, Vietjet said its...
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.

Subscription Required

 

Cash Injection Averts Vietjet Loss; Government Mulls Aid is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.

Login Learn How

Related Content

Vietnam Airlines and VietJet aircraft
Second-Wave Risk May Hinder Asia-Pacific Rebounds
AerCap Sees Jump-The-Line Benefits In Spirit A320neo Leaseback Deal
Sun Country Eyeing ULCC Turbulence For Opportunity
IAG Pushes Ahead With Level AOC Plans
French Airlines Hope For Progress In Caribbean Fuel Price Challenge
Air Transport Digest

Get free air transport news, insight and analysis from our award-winning editors delivered to your inbox daily.

Subscribe Now
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How