Vietnam Airlines to achieve annual revenue of USD7bn, increase fleet

Vietnam Airlines hopes to achieve an annual revenue of USD7 billion by 2020 by, among other plans, operating to more destinations and increase its total fleet to 163 (Viet Nam News, 10-Jan-2011). The carrier targetted a 45% share of the country's aviation market in the same year and also announced recently that the new addition of aircraft would include B787s or A350s. For the periods 27-Jan-2011-01-Feb-2011 and 04-Feb-2011-14-Feb-2011, the carrier will add more services from Ho Chi Minh City to Hue, Phu Quoc island, Quy Nhon, Pleiku and Vinh.