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:

Related Stories

Latest News