TransportationVietnam Airlines charts comeback with $840m capital boost, 50 new planes
Flag carrier hit hard by pandemic buoyed by first net profit in 5 years
Vietnam Airlines' comeback will by supported by the rapid growth in Asia passenger demand. (Photo by Konosuke Urata)
YUJI NITTA and KEIICHI FURUKAWA
HANOI/TOKYO -- Vietnam Airlines plans to raise 22 trillion dong ($844 million) by issuing shares and purchase 50 new aircraft on the heels of its first net profit in five years, part of a comeback course that looks to tap growing passenger demand in Asia.