~ Le Viêt Nam, aujourd'hui. ~
The Vietnam News

[Year 1997]
[Year 1998]
[Year 1999]
[Year 2000]
[Year 2001]

Vietnam Airlines carries fewer passengers in 1998

HANOI - Vietnam's flag carrier carried four percent fewer passengers in 1998 than in the previous year, Vietnam Airlines figures showed on Wednesday.

A company official said some 2.48 million passengers and 40,300 tonnes of cargo were carried during the year, down from 2.59 million passengers and 45,000 tonnes of cargo a year earlier.
``The number of passengers in 1998 fell due to the continuing impact of the Asian financial crisis,'' the official told Reuters.
After its traffic grew 35 percent annually in the early 1990s, Vietnam Airlines in 1997 posted losses for the first time when it said it finished the year $3.6 million in the red and passenger growth slowed to just two percent.

Financial data on 1998 operations was not immediately available. The official said the airline target for 1999 was to maintain at the same level the number of passengers travelling on international routes, which in 1998 stood at around 900,000.
He added that it was hoped to increase the number of passengers on domestic routes by between two and three percent.
Vietnam Airlines, with three Boeing 767-300s, 10 Airbus A320s, six ATR-72s and two Fokker F70s, has one of the youngest fleets in Asia.

The airline grounded its last remaining Soviet-built aircraft after one of its Tupolev 134Bs crashed in September 1997 in Phnom Penh, killing 64 people.
The official said in the past year two of the Tupolevs had been brought back into service for carrying cargo on domestic and international routes.

Reuters - January 05, 1999.