Vietnam Airlines reports 33% revenue rise in first nine months of 2004

Airline Industry Information, Oct 11, 2004

AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD

Vietnam Airlines has reported a 33% jump in revenue for January to September 2004 over the same period in 2003.

The national airline of Vietnam brought in VND12.13tn in revenue during the first nine months of 2004, representing 81.3% of its total revenue target for 2004. The airline carried 3.7m passengers in the nine-month period.

Vietnam Airlines held a 44.26% market share in the Vietnamese international air market during the third quarter of 2004 with a 65% average seat occupancy for both international and domestic flights, reports Asia in Focus.

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