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.

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