Vietnam Airlines: 2010 pretax profit likely VND350 billion Vs VND154 billion in 2009

State-owned Vietnam Airlines said Thursday that it expects pretax profit of VND350 billion ($18 million) this year, up from VND154 billion last year.

State-owned Vietnam Airlines said Thursday that it expects pretax profit of VND350 billion ($18 million) this year, up from VND154 billion last year.

The country’s flag carrier said in a statement that it expects revenue in 2010 at VND36.27 trillion, up 47.3% from last year.

Vietnam Airlines expects to transport 12.3 million passengers and 166,300 metric tons of cargo this year, up 33.7% and 43.9% from 2009, respectively.

The company said it targets revenue of VND45.5 trillion, and to transport 14 million passengers and 193,000 tons of cargo in 2011. – Dowjones

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Posted by VBN on Dec 24 2010. Filed under Aviation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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