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Pacific Airlines, a low-cost subsidiary of Vietnamese national carrier Vietnam Airlines is to suspend operations to undergo an urgent restructuring process. The loss-making carrier is to use the hiatus in operations to reevaluate its current fleet and route structure to “ensure operational efficiency” according to the airline.
The airline has faced operational difficulties for several years. In 2022, the company incurred a loss of nearly VNĐ2.1 trillion (US$84.5 million) due to the impact of the COVID-19 pandemic and has struggled to…
