BUSINESS OPERATION PERFORMANCE FOR THE FIRST SIX MONTHS OF 2016
24-Jul-2016 First 6 months of 2016, Vietnam Airlines operated over 70,300 safe flights, an increase of 10.7% over the same period, carried 9.65 million passengers, an increase of 15.5% over the same period, in which transport on international routes increased by 6.9% and on domestic routes increased by 21.1%. The Corporation achieved a freight output of 124.8 thousand tons, exceeding the plan, an increase of 18.1% over the same period.
Total consolidated revenue is estimated at more than 36 trillion VND and pretax profit is estimated at 1,600 billion VND, reaching nearly 70% of the target set for 2016. The parent company recorded an estimated revenue of over 29 trillion VND and nearly 1,140 billion VND in estimated profit, reaching over 72% of the target set for 2016.
Vietnam Airlines also accomplished two major tasks:
+ Restructuring and equitisation was basically completed with the signing and receipt of share transaction payment made by ANA Holdings who officially became a strategic shareholder on July 1st.
+ On July 12th, Vietnam Airlines received the 4-star airline certification at SkyTrax's World Airline Awards event in Farnborough International Airshow 2016. The Airline now officially becomes member of the world leading 4-5 star carriers. At the same time the company was also recognized as one of the top three most improved airlines from around the globe.
These positive results are attributable to the efforts of Vietnam Airlines in creating groundbreaking developments, taking advantage of opportunities to grow, increase profitability, improve service quality and enhance business efficiency.
In the last 6 months of 2016, Vietnam Airlines will continue to mobilize resources to ensure safety and security, improve the efficiency of fleet usage, make a good coordination bilaterally and multilaterally between the airlines of the Corporation, with the strategic partner ANA and other SkyTeam members to introduce to the market proper products which are comfortable in transit, attractive in prices, meeting the quality of a 4-star service and the increasing needs of passengers.