25-Mar-2021 Intellasia |
VNS |
5:02 AM
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In a doc despatched to the Ministry of Transport, the non-public airline Bamboo Airways proposed a preferential mortgage and a few tax cuts to beat the COVID-19 disaster.
The air service requested the ministry to contemplate and suggest to the federal government and the State Financial institution of Vietnam (SBV), the nation’s central financial institution, to challenge a decision to permit business banks to offer a long-term refinancing mortgage of VND5 trillion (US$216 million) with a 0 per cent rate of interest, which is analogous to the VND4 trillion mortgage bundle utilized to Vietnam Airways.
Bamboo Airways additionally proposed an increase within the environmental tax discount on aviation gas to 50 per cent from 30 per cent, in addition to reduce (presumably 100%) in some charges and different service costs like airport providers and flight operation providers till the tip of this 12 months.
The airline additionally requested for the extension of some supportive insurance policies for workers, and so as to add insurance policies for employers.
In accordance with Bamboo Airways, the tax and payment discount insurance policies for airways in 2020 have helped the air service reduce prices by about VND120 billion, which account for 1.4 per cent of the full value. Of which, VND70 billion was from the flight gas tax discount, VND27 billion was from the 50 per cent low cost coverage for takeoff/touchdown providers and VND23 billion from the flight management low cost.
Earlier, Bamboo Airways revealed that in 2020, the airline reported a revenue of greater than VND400 billion, up 34 per cent over 2019, regardless of the influence of the COVD-19 pandemic.
That is the primary time a personal airline has requested for a big refinancing mortgage with an rate of interest of 0 per cent. SBV supplied refinancing loans for Vietnam Airways to keep up its operations and overcome the pandemic.
http://bizhub.vn/markets/bamboo-airways-seeks-refinancing-loan-with-interest-rate-of-0_323099.html
Class: Enterprise, Vietnam
Article supply: https://www.intellasia.web/bamboo-airways-seeks-refinancing-loan-with-interest-rate-of-0pct-888046