Vietnam Airlines makes 64 million USD profit in Q1
(VOVWORLD) - National flag carrier Vietnam Airlines’ strong profitability continues in the first quarter of 2018. Vietnam Airlines earned revenue of 1.1 billion USD in the first quarter of 2018. Of this figure, pre-tax profit is estimated at 64 million USD, up 6.2% over its target, according to Vietnam Airlines.
Vietnam Airlines performed 33,000 safe flights, up 4.3%, and transported 5 million passengers, up 5%.
Vietnam Airlines is among the world's leading airlines in on-time performance (OTP), scoring 90%.
The rate of self-check-in via web/mobile or check-in at kiosk at Tan Son Nhat, Noi Bai, and Da Nang airport reached nearly 50% in the first quarter of 2018.
Vietnam Airlines was listed among the 20 best places to work in Vietnam by Anphabe Career Network and Intage’s Market Research.
Vietnam Airlines continued to mark its strong growth through a series of events. An agreement on the Global Cuisine Ambassador with Vietnamese-Australian Chef Luke Nguyen for 2018-2020 will promote the cuisine of the national flag carrier and the nation across the world. The 15th anniversary of the direct routes linking Vietnam with Paris (France), the maintenance partnership with Air France, and the reception for the 11th A350 aircraft in the framework of the 45th anniversary of diplomatic relations, have affirmed the airline’s capacity to master modern technology and its important role in all cooperation aspects of politics, culture and the economy between the two countries as well as the two continents.
In the second quarter of 2018, Vietnam Airlines will continue to ensure 4-star service quality throughout the peak summer period, Southern Liberation Day (April 30) and Labor Day (May 1) and take delivery of the 12th A350. Vietnam Airlines will hold the annual meeting of 2018 to issue further shares to existing shareholders and sell right to buy shares of State shareholders.