HANOI -- Vietnam Airlines turned in a net loss of roughly 2.6 trillion dong ($104 million) for the three months through March, sending the flag carrier to a ninth consecutive quarter in the red and placing it on the brink of delisting.
The loss comes despite sales rising 55% to about 11.6 trillion dong. The easing of COVID restrictions for domestic travel helped passenger traffic recover, especially on flights connecting the capital Hanoi to Ho Chi Minh City, the country's largest metropolis.