HANOI -- Vietnam Airlines plans to reduce the wages of flight staff by roughly half this year as part of a cost-cutting campaign to win a government bailout that would cushion the financial distress caused by the global pandemic.
Flag carrier cuts costs as it requests $517m government bailout
Vietnam Airlines projects a $646 million loss this year due to the grounding of international flights. © Reuters
HANOI -- Vietnam Airlines plans to reduce the wages of flight staff by roughly half this year as part of a cost-cutting campaign to win a government bailout that would cushion the financial distress caused by the global pandemic.