Hanoi (VNA) – Vietnam’s aviation market is expected to fully recover in late 2024, closely tied to the positive trajectory of the Asia-Pacific, according to the Civil Aviation Authority of Vietnam (CAAV). The agency cited the International Air Transport Association (IATA) as saying that the global aviation industry is forecast to make a full recovery by the end of this year, with the Asia-Pacific to report a net profit of 1.1 billion USD in the year. The Vietnamese aviation sector would serve about 84.2 million passengers this year, up 15% from 2023 and 6% from 2019 when the COVID-19 pandemic broke out. Of the volume, the number of international passengers is set at 42.7 million, representing increases of 15.8% and…
Published Date: 2024-01-25
Source: VietnamPlus
Categories: Society, Issues, Transportation, Recreation, Aviation, Business, Transportation and Logistics, Travel
