Vietnam Airlines divests stake in Cambodia Angkor Air

Vietnam’s national flag carrier is divesting its stake in Cambodia Angkor Air and has also signed a contract to sell five aircraft.

This information was revealed in post-audit notes to Vietnam Airlines’ audited 2019 consolidated financial statement released Friday, which explains how the company has been impacted by the Covid-19 epidemic this year.

Earlier in 2020, the Prime Minister had approved a plan allowing Vietnam Airlines to restructure its investment in Cambodia Angkor Air, and the company is accordingly carrying out this divestment, the report said.

In full: https://e.vnexpress.net/news/business/companies/vietnam-airlines-divests-stake-in-cambodia-angkor-air-4083417.html

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