Aviation association proposes loan support for airlines

The Vietnam Aviation Business Association (VABA) has proposed that the Ministry of Transport (MoT) offer airlines preferential loans in a refinancing package of VND4-6 trillion ($175.06-$262.6 million) with an interest rate of 0 per cent, and loans from the State with an interest rate of 4-5 per cent and interest rate compensation of VND25-30 trillion ($1.09-$1.31 billion).