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Pacific Airlines may be shut down

Hanoi, Vietnam - The carrier has losses of USD 13,7 m

Pacific Airlines, the second largest carrier of the country, has totalized losses of USD 13,7m in the last years: for this reason it may end in liquidity. It seems in fact that deputy Prime Minister, Nguyen Tan Dung, ordered the flag carrier Vietnam Airlines, which owns 94 percent share in the smaller airline, to present a plan this month on which it has to show or a raising funds for Pacific Airlines,...

AVIONEWS - World Aeronautical Press Agency - 109693
Rome, Italy, 12/13/2004 15:39
AVIONEWS - World Aeronautical Press Agency

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