Vietnam Airlines becomes world’s best-performing airline stock

Quick Summary:

A surprise return to profit has propelled Vietnam Airlines to become the world’s best performing airline stock this year, shrugging off the risk of bankruptcy as the company’s post-pandemic recovery finally picks up momentum.

Visitors from China, the largest source of visitors for Vietnam before the pandemic, have streamed back in the first six months of this year, more than tripling from a year earlier.

It’s now outperforming regional rivals such as Singapore Airlines, which has risen 7.8% this year, and Air China, down 3.7%.

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Article Details

Category: EconomyBusiness

Markets: ThailandAustraliaChinaSingaporeVietnam

Topics: Year Airline Been According Stock Carrier Vietnam Demand Airlines

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 08:59:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 759 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21570136

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Year Established: 1946

Headquarters: Thailand

News Last Updated: 1 days ago

Coverage Areas: Thailand

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Publication Timezone: GMT +8:00

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Publisher ID: #66

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