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Monday, July 22, 2024

Vietnam Airlines to auction three aircraft

The Saigon Times

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HCMC – Vietnam Airlines, which trades its HVN shares on the Hochiminh Stock Exchange, has just announced an auction of three A321 aircraft manufactured in 2007.

The auction is scheduled to take place in the third quarter of this year, with a reserve price of US$5 million per aircraft, equivalent to around VND118.7 billion.

The aircraft, registered in Vietnam, are currently parked at Noi Bai and Tan Son Nhat international airports.

As part of its plan to gradually replace aircraft that are older than 12 years until 2025, Vietnam Airlines previously sold nine A321ceo aircraft manufactured between 2004 and 2008.

The proceeds from these sales will provide the carrier with additional funds during the challenging post-pandemic times.

At the close of the trading session today, July 11, HVN edged down 0.75% at VND13,150 per share, with a matching volume of over two million shares.

With 236 gainers and 197 losers, the VN-Index of the Hochiminh Stock Exchange added 2.75 points, up 0.24%, from Monday, to 1,151.77 points.

Trade on the southern bourse inched up 6% in volume and 4% in value day-on-day, with 936.9 million shares worth VND19.1 trillion transacted. Block deals contributed over VND2.3 trillion to the overall value, with 85.9 million shares traded.

Food producer HAG stole the limelight as it nearly hit the upper daily limit with a gain of 6.8% and took the lead by liquidity with more than 43.6 million shares matched, followed by securities stocks VND and SSI with respective trading volumes of 32.3 million and 27.1 million shares.

There were 92 stocks rising and 95 others dipping on the northern bourse. The HNX-Index of the Hanoi Stock Exchange inched up 0.85 point, or  0.37%, from the previous trading session, to 229.22 points.

The Hanoi market saw a matching volume of 111.7 million shares worth VND1.7 trillion.

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