Technology
Vietnam Airlines Slashes Executive Salaries by 30-50% Amid Soaring Fuel Costs
Vietnam Airlines has implemented salary cuts of 30-50% for its leadership team to combat surging fuel costs. Despite operational optimizations and digital transformation, the airline projects a loss for the first half of 2026 due to global market volatility.
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Vietnam Airlines is implementing significant cost-cutting measures, including slashing executive pay by up to 50%, to combat surging global fuel prices. The airline is also focusing on optimizing operations and promoting multimodal transport integration with rail and road sectors to sustain tourism demand.