Vietnam Air to unload stake in Cambodia carrier to secure cash

Airline industry scrambles to survive as coronavirus halts flights

20200413N Vietnam air

A Vietnam Airlines plane lands at Noi Bai airport in Hanoi. The carrier has suspended international service and slashed domestic flights. © Reuters

TOMOYA ONISHI, Nikkei staff writer

HANOI -- Vietnam Airlines looks to sell its 49% interest in state-run Cambodia Angkor Air as service cuts spurred by the coronavirus outbreak leave the Vietnamese carrier strapped for cash.

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