ex. Game, Music, Video, Photography

Vingroup airline expects profits in 3 years

Vingroup’s Vinpearl Air, a $200 million venture, is seeking to launch its first flight in July with expectations of turning profitable by 2023.

Ngày đăng: 16 tháng 9, 2021
Cập nhật: 19 tháng 1, 2023
Lượt xem: 319396575
Nguồn: vnexpress

The new airline could also recover its investment in 5-6 years, according to an evaluation report recently submitted to the Prime Minister by the Ministry of Planning and Investment.

The airline will have a total investment of VND4.7 trillion ($202.7 million), of which conglomerate Vingroup will contribute VND1.3 trillion ($56 million), or 28 percent. The remaining will be sourced from loans and other sources.

Vinpearl Air is set to create 500-600 direct jobs when launched and 2,200-2,300 jobs by 2023-2024.

It will pay a corporate income tax of VND1 trillion ($43.1 million) a year in the first five years of operation.

Vinpearl Air plans to start off with six aircraft and increase the fleet to 30 by 2024.

It wants to be based at the Noi Bai International Airport and park its aircraft in Hanoi as well as in other airports in Quang Ninh Province and Hai Phong City in the north, and Da Nang City and Khanh Hoa Province in the central region.

The Ministry of Planning and Investment has said it supports the establishment of the airline, but asked the airline to provide more detailed financial calculations.

Apart from Vinpearl Air, Vietravel Airlines and KiteAir are two other airlines seeking permission to fly this year.

The country now has five commercial airlines: national flag carrier Vietnam Airlines, Jetstar Pacific, Vietjet Air, Bamboo Airways and Vietnam Air Services Company (VASCO).

Airports across Vietnam served near 116 million passengers in 2019, up 12 percent from 2018, according to Airports Corporation of Vietnam (ACV).


Từ vựng liên quan

Tin tức liên quan

Sterling, stocks take another Brexit hit; oil, yen rise
world 17/09/2021

Sterling, stocks take another Brexit hit; oil, yen rise

world | 323216566

Sterling fell more than 2 percent, the euro took a hammering and stocks dropped again on Monday as Britain's vote to leave the European Union drove investors to seek safety in the yen, gold and low-risk government debt.

Mobile World profit to decline: chairman
business 15/01/2023

Mobile World profit to decline: chairman

economy | 449466564

Retail conglomerate Mobile World’s profit is set to decline by 10% this year to VND4.4 trillion ($177.63 million) due to sluggish demand caused by global problems.

 From Singapore to Saigon: A journey back to familiar sensations
travel 22/04/2022

From Singapore to Saigon: A journey back to familiar sensations

travel | 375146575

'You can fly back now! Normal travel is coming back!' my Saigonese friend excitedly told me.

Vietnam offers China $500,000 to fight coronavirus epidemic
news 13/09/2021

Vietnam offers China $500,000 to fight coronavirus epidemic

news | 309766576

The Vietnamese government will donate $500,000 worth of goods and medical supplies to help China deal with the fast-spreading new coronavirus epidemic.

Hanoi evacuates residents from Covid-19 cluster
news 09/09/2021

Hanoi evacuates residents from Covid-19 cluster

news | 261426577

Hanoi will start moving 1,200 residents from its biggest Covid-19 cluster to an isolated facility in the outskirts from Wednesday evening, officials said.

 VN-Index recovers as retail stocks gain
business 23/09/2021

VN-Index recovers as retail stocks gain

economy | 335026583

Vietnam’s benchmark VN-Index rose 0.81 percent to 1,350.68 points Wednesday, led by insurance and retail blue chips.

Vietnam busts $13 million online gambling ring
news 13/09/2021

Vietnam busts $13 million online gambling ring

news | 307786594

The gang was behind a betting website launched in 2015 and run by a firm in the Philippines.

 Get health checks asap, Vietnam tells passengers of eight Covid-19 infected flights
news 28/03/2021

Get health checks asap, Vietnam tells passengers of eight Covid-19 infected flights

news | 126776614

The Health Ministry on Monday asked passengers on eight coronavirus-infected domestic and international flights to immediately contact the nearest disease control agencies.

Vietnam football coach named Person of Year in South Korea
news 14/09/2021

Vietnam football coach named Person of Year in South Korea

news | 310796584

Park Hang-seo, the coach and mastermind behind Vietnam's recent success in men’s football, is among 12 “Persons of the Year” in South Korea.

 Hanoi in the early days of relaxed social distancing
life 21/09/2021

Hanoi in the early days of relaxed social distancing

trend | 331636593

Seeing his district is one of 19 low-risk Covid districts with eased restrictions, Tran Van Tung immediately thought of getting his broken washing machine fixed.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…