Vietnam Airlines (VN, Hanoi Noi Bai International) has secured a three-year extension on VND4 trillion dong (USD158 million) worth of government loans that were falling due later this month. Per a Bloomberg report, Viet Nam’s National Assembly approved the extension, to July 2027.

A week ago, ch-aviation reported on a statement on the National Assembly’s website that said the airline was facing a financial crisis because it had not completed refinancing tasks such as restructuring non-core investments and the sale of new…

Source: ch aviation
Read more: Vietnam Airlines gets more time to repay gov't loans