In 2000 , Pacific entered into an agreement with Greek charter airline Galaxy Airways whereby the Vietnamese carrier would operate flights to Taipei on its behalf . In 2001 , the airline 's revenues totalled US$ 48 million , having made 3,600 flights using an Airbus A310 and two A321s . From 2001 to 2004 , a succession of regional and global events , namely the September 11 attacks , the 2003 invasion of Iraq , the SARS outbreak and a rise in oil prices , as well as misguided management decisions , contributed to a cumulative loss of more than million at the airline . Consequently , Vietnam Airlines Corporation in late 2004 submitted a report about Pacific Airlines to the government , who decreed that all of the carrier 's shares belonging to the corporation must be transferred to the Ministry of Finance ( MoF ) . As a result , the MoF assumed control of 86.49 % of shares , with Saigon Tourist ( 13.06 % ) and Tradevico ( 0.45 % ) making up the rest
September 11 attacks
September 11 attacks
Jetstar Pacific