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EU: A source of growth for Vietnam Airlines
National flag carrier Vietnam Airlines recorded sound economic growth in Europe while many other international airlines faced difficulties due to the global economic crisis, said the airlines chief representative in France Le Dung.
The corporation earned a total revenue of 165 million euros (US$22.4 million) last year, a 20 percent rise from the previous year while the average growth in Europe was only 12 percent.
The national airline’s turnover in the French market alone rose by 24 percent with the flight capacity on the Hanoi-Paris and HCM City-Paris routes reaching 87 percent.
The airline has expanded into northern, western and central Europe and flies directly to France, Germany and Russia.
The agency’s director general Pham Ngoc Minh said 2008 was one of the most difficult years the corporation had ever faced but it was one of only a few airlines to have bucked the financial crisis.
Vietnam Airlines transported more than 8.8 million passengers last year, bringing in a revenue of nearly VND27 trillion (US$1.5 million) and profits of more than VND230 billion ($13.1 million.)
VOV, vietnamnews
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