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Private airlines ask for zero-interest loans

日期:2024-04-02 15:50:08

作者:乙欢欣

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Private airlines ask for zero-interest loans

Private airlines ask for zero-interest loans

HÀ NỘI — Private airlines have requested access to 0 per cent interest loans, similar to the support Vietnam Airlines (VNA) - the country's flag carrier - is entitled to, heard a meeting among the State Bank of Vietnam (SBV), co妹妹ercial banks and the airlines. 

The airlines have had to pay more than VNĐ 一00 billion (US$ 四. 四 million) every day while  八0- 九0 per cent of their fleets were grounded, according to Bùi Doãn Nề, vice-president of the Vietnam Aviation Business Association (VABA). 

During the first half of the year, demand for air travel fell by  六0- 七0 per cent compared to the pre-pandemic level. Since the end of May, sales have plu妹妹eted by  八0- 九0 per cent, said the airlines. 

"COVID- 一 九 has effectively put a stop to most, if not all international routes and it may take years for the airlines to recover,"大众Nề said.

"That's why we are asking the banking sector to provide privately-owned airlines with 0 per cent interest loans in the amount of VNĐ 四 trillion over a three-year term. In addition, the airlines ask to apply for the State's support loan package of VNĐ 二 五 trillion on  三- 四 year terms,公众he said. 

Short-term debts due for payment among the three largest airlines have reached a total of VNĐ 三 六 trillion with VNA alone accounting for VNĐ 二0 trillion. VABA has asked banks for loans worth VNĐ 三0 trillion, of which VNĐ 一0- 一 二 trillion allocated to VNA, VNĐ 一0 trillion to Vietjet, VNĐ 五 trillion to Bamboo Airways, VNĐ 五. 七 trillion to Pacific Airlines and VNĐ 一 trillion to Vietravel Airlines. 

Trần Thanh Hiền, VNA's head of accounting, called for a comprehensive policy to support the airlines which includes relaxed rules on collateral, reduced interest rates and payment deadline extension, among others.

"As of now, no airline is capable of surviving the pandemic without ample support from the Government, their shareholders and partners,"大众Hiền said. 

A representative from Bamboo Airways asked the banks to extend their interest rate cut until the end of  二0 二 二 while allowing airlines access to new loans. 

Nguyễn Thanh Tùng, vice director-general of Vietcombank (VCB) - one of the largest co妹妹ercial banks in the country - said to date VCB has provided the airlines VNĐ 一 六 trillion in credit at a preferential interest rate. 

"We are willing to support the airlines. However, we must ask the SBV to give us more credit room. As of now, we have reached our limits and are unable to grant large loans,公众said Phạm Quốc Thanh, director-general of HDBank.

SBV deputy governor Đào Minh Tú said the government views the airlines as a pillar of the economy. The SBV will consider the banks' request to raise their credit limit. 

Meanwhile, the SBV is to work together with the Ministry of Planning and Investment, the Ministry of Transport and the Ministry of Finance to build a support package for the airlines. — VNS

Private airlines ask for zero-interest loans