Vietnam Airlines Announces Business Performance For First Six Months Of 2016

Hanoi, 22 July 2016 – Vietnam Airlines’ Joint Stock Company (Vietnam Airlines) has announced the company’s business performance from January to June 2016.

In the first six months of 2016, the aviation market grew by 27.2 per cent compared to the same period last year, with a 37 per cent increase in the domestic market. This was despite the difficulties and challenges that Vietnam Airlines was faced with due to economic slowdown, instability and terrorism in Europe and overcrowded infrastructures, especially at Tan Son Nhat international airport.

In responding swiftly to these circumstances Vietnam Airlines has captured the strong growth of the market, adopting effective measures to improve its operations and make good use of favourable conditions. Thanks to these measures, the business has achieved positive results with a high growth rate over the period, exceeding the set targets. Key achievements to note include:

• In the first six months of 2016, Vietnam Airlines operated over 70,300 safe flights (an increase of 10.7 per cent from the same period last year); carried 9.65 million passengers (an increase of 15.5 per cent from the same period last) and saw transport on international routes increase by 6.9 per cent and on domestic routes by 21.1 per cent . The corporation also achieved a freight output of 124,800 tons, exceeding its targets with an increase of 18.1 per cent over the same period last year.
• The company’s total consolidated revenue is estimated at more than 36 trillion VND and pre-tax profits are estimated at 1,600 billion VND, reaching nearly 7per cent of the target set for 2016. The airline’s parent company recorded an estimated revenue of over 29 trillion VND and nearly 1,140 billion VND in estimated profits, reaching over 7 per cent of the target set for 2016.
• Vietnam Airlines also accomplished two major tasks. Its restructuring and acquisition was completed with the signing and receipt of the share transaction payment made by ANA Holdings, who officially became a strategic shareholder on 1 July 2016. On 12 July, Vietnam Airlines was awarded 4-star airline certification at the SkyTrax World Airline Awards event at the Farnborough International Airshow. The airline is now officially a member of the world’s leading 4-5 star carriers and has been recognised as one of the world’s top three most improved airlines.

Vietnam Airlines has achieved these positive results thanks to its efforts in creating groundbreaking developments, taking advantage of opportunities to grow, increasing profitability, improving service quality and enhancing business efficiency.

Over the next six months, Vietnam Airlines will continue to mobilise its resources to ensure safety and security and improve the efficiency of its fleet. It will also coordinate with the airlines of the corporation, its strategic partner ANA and other SkyTeam members in order to introduce to the market further excellent products that are well-priced and comfortable in transit, meeting the quality required of a 4-star service and the increasing needs of passengers.

Vietnam Airlines offers the UK’s only nonstop flights to Vietnam, operating daily services from Heathrow Terminal 4 to Hanoi or Ho Chi Minh City. Flights are carefully scheduled to offer convenient overnight journeys in both directions, and excellent onward connections via its comprehensive network of over 40 destinations in Asia, including 23 within Vietnam and Indochina, as well as China, Japan and Taiwan.

Return fares from Heathrow to Ho Chi Minh City currently start from £396 per person, inclusive of taxes. For further information and reservations visit http://www.vietnamairlines.com or speak to a travel agent.

Benefits of investing by Bacall Development

 

Aside from higher returns, commercial property is oftentimes more secure – a crucial point to others that can result in a steady income. Leasing commercial real estate usually ranges from three to ten years as opposed to short-term leases of residential properties. Because of the mentioned benefits above, reviews state that the risk is lesser if you invest in commercial property than in residential property or the stock market. This data is based on overall analysis of both properties. According to Bacall Development and its associates, commercial property can catch the attention of different sectors in the economy. Because of the dependence of retail property on consumer spending trends, it has the highest direct relationship to the economy, along with industrial properties. Office buildings are most likely to perform depending on long-term supply and demand. Exposure to various sectors can deliver great benefits to you and to avoid fraud as well.

Acquiring tax benefits is imaginable with a commercial property. Most commercial properties attract handy building allowances as well as depreciation allowances on plant equipment within the building. Protection against inflation is also one of the benefits of investing in commercial property. Reviews reveal that commercial property has been considered as a good protection against inflation over the years. It has a good record of outpacing inflation over a long period of time. Investment control? Yes, it’s possible. You have a significant level of control over your investment in case you’re an owner of a direct property. You have control on various areas such as change of use for the property, disposal, redevelopment, renovations, the terms of the lease, the type of tenant, and upgrading.

Furthermore, you have the ability to add value in a commercial property investment through improvement of the appearance, renovation, lease restructure, subdivision or enlargement, and upgrade. You can further leverage your commercial investments as you improve the property and it grows in value. By borrowing more against your improved equity, you can quickly be in a position to control a sizeable portfolio of properties.

However, Bacall Development needs you to know that there are still disadvantages in owning commercial properties. What are mentioned above could be the total opposite to others based on their individual experience.

Bacall Development: Benefits of investing

Strong returns are not a surprise to some when it comes to commercial property. You can gain both income and capital growth in a commercial property since it provides strong and reliable returns. However, making a quick gain shouldn’t be your only objective because this endeavor requires great effort and patience. You should take advantage of a growing investment over time where you can get a return consistently above inflation.

Aside from higher returns, commercial property is oftentimes more secure – a crucial point to others that can result in a steady income. Leasing commercial real estate usually ranges from three to ten years as opposed to short-term leases of residential properties. Because of the mentioned benefits above, reviews state that the risk is lesser if you invest in commercial property than in residential property or the stock market. This data is based on overall analysis of both properties. According to Bacall Development and its associates, commercial property can catch the attention of different sectors in the economy. Because of the dependence of retail property on consumer spending trends, it has the highest direct relationship to the economy, along with industrial properties. Office buildings are most likely to perform depending on long-term supply and demand. Exposure to various sectors can deliver great benefits to you and to avoid fraud as well.

Acquiring tax benefits is imaginable with a commercial property. Most commercial properties attract handy building allowances as well as depreciation allowances on plant equipment within the building. Protection against inflation is also one of the benefits of investing in commercial property. Reviews reveal that commercial property has been considered as a good protection against inflation over the years. It has a good record of outpacing inflation over a long period of time. Investment control? Yes, it’s possible. You have a significant level of control over your investment in case you’re an owner of a direct property. You have control on various areas such as change of use for the property, disposal, redevelopment, renovations, the terms of the lease, the type of tenant, and upgrading.

Furthermore, you have the ability to add value in a commercial property investment through improvement of the appearance, renovation, lease restructure, subdivision or enlargement, and upgrade. You can further leverage your commercial investments as you improve the property and it grows in value. By borrowing more against your improved equity, you can quickly be in a position to control a sizeable portfolio of properties.

However, Bacall Development needs you to know that there are still disadvantages in owning commercial properties. What are mentioned above could be the total opposite to others based on their individual experience.

Tips on how to invest in real estate

Are you new to real estate investing? Or are you already experienced in this matter? Whichever it is, Bacall Development wants you to take note of the following tips regarding real estate investing. The firm is a full-service commercial real estate firm that has been responsible for complete ground-up developments of more than 30 real estate developments in different states of United States.

Some people consider that investing in real estate can make them wealthy in an instant, but they’re wrong. Indeed, change is constant in real estate market. What is in demand today may not be the same tomorrow. For instance, the rental market was strong during the past decade but it has been frail in the recent years. However, there are simple methods to protect your real estate investments. During the 1970’s, the median home price was $33,000, then it became $195,000 in 2005. Based on this figure, it seems that the average home is doubled every seven years.

Bacall Development and associates suggests that one shouldn’t be afraid to enter this venture because it is still possible to make money in real estate. This is because real estate is a cycle and cycles have some level of predictability, and with this, it is possible to earn a profit in your real estate business that can also run itself in the midst of constant changes within the real estate market.

In this game, it is important to be experienced in the basics so that you can make wise investment decisions. The basics include the tried and true techniques along with the strategies and systems that have worked in the past and are still working and will work in the future. When the real estate market begins to shift, Bacall Development wants you to have all the necessary tools in order to become flexible in this arena.