Vietnam Airlines says growth limited by oil prices and bird flu

Vietnam Airlines says growth limited by oil prices and bird flu

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Vietnam Airlines has reported a 28.9% increase in its revenues in the first nine months of the year.

The airline said that the economy has grown and more people have visited the country, which affected its revenues. Vietnam Airlines reported that it flew 4.48m passengers in the period, an increase of 21% year-on-year. The carrier did not provide profit figures, however.

It said that the load factor was 69% compared to 65.4% in the first nine months of 2004.

According to Reuters, Vietnam Airlines also said that higher oil prices and tight finances and the risk of bird flu outbreaks limited the growth of the airline, though it expects to fly almost 1.5m more passengers until the end of the year.

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