Vietnam Airlines to raise core capital, buy 50 narrow-body planes

HANOI (Reuters) – Flag carrier Vietnam Airlines has received shareholder approval to increase its charter capital by 9 trillion dong ($347.10 million) for a long-term plan that included new planes purchases, the official Vietnam News Agency reported on Thursday. 

At an extraordinary meeting, shareholders approved the airline’s plan to buy 50 narrow-body planes, which can be either Airbus A320 Neo or Boeing B737-Max, the report said. 

($1 = 25,929.0000 dong)

(Reporting by Phuong Nguyen; Editing by Martin Petty)

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