Paris (VNA) – The national flag carrierVietnam Airlines hopes to earn 11.5 billion USD in the European market, 1.7billion USD higher than that of 2017.
Director of Vietnam Airlines’ branch in France and Europe Cao Anh Son revealedthe target at a meeting with more than 100 partners in Paris on January 31.
He said the carrier also targets a 13 percent increase in revenue and an 8.3percent rise in the number of passengers in 2018.
According to Son, the firm operated 180,000 safe flights in 2017, serving nearly26.5 million passengers, up 6.7 percent against the previous year.
The on-time performance (OTP) rate ofdeparting flights reached over 90 percent, turning Vietnam Airlines into oneof the world'sleading airlines with the highest OTP.
Vietnam Airlines also continued to affirm its position as the four-starinternational airlines in line with Skytrax’s standards in the second consecutive year, with the fleet of 10Airbus A350-900 XWB and 11 Boeing 787-9Dreamliner.
Representatives from Vietnam Airlines partners in Europe saidthe carrier has improved its services under the four-star standards, thus bringingconvenient services and interesting experience to passengers.
They hoped the Vietnamese Government will add more countries to the list of thoseentitled to visa exemption apart from France, the UK, Germany, Italy and Spain,adding that this will help increase competitiveness of the national flag carrierin attracting more customers.
Airfare agents and travel agencies took the occasion to share information andseek partners, thus promoting sales of tickets and tours to Vietnam./.
National flag carrier Vietnam Airlines ended 2017 with pre-tax profit hitting a record high of over 2.8 trillion VND (123.2 million USD), an increase of 8.3 percent from the previous year and 72 percent higher than the yearly target.
The national-flag carrier Vietnam Airlines will increase flights from Hanoi and Ho Chi Minh City of Vietnam to Shanghai (China) to serve spectators of the Asian Football Confederation (AFC) U23 Championship.
Vietnam Airlines attended the FITUR 2018 in Madrid, Spain, from January 17-19 to introduce its products and services as well as promoting Vietnam’s tourism to the international community.
The national flag carrier Vietnam Airlines plans to add two return flights between Hanoi and HCM City and Changzhou city, Jiangsu province, China, on January 27.
Vietnam’s national flag carrier Vietnam Airlines will use the Dreamliner Boeing 787-9 - one of the most modern aircraft in its fleet – on the Hanoi – Moscow route.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.