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Air Canada Plans to Launch Service to Vietnam Next Year

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Air Canada (AC.TO) intends to launch services to Ho Chi Minh City next year after the Canadian and Vietnamese governments announced an expanded air transport agreement, the company said after trade on Thursday.

Air Canada will work with the relevant authorities to obtain the approvals, a statement said.

"Vietnam is an important market in the broader Canada-Southeast Asia relationship. We welcome this expanded Air Transport Agreement and look forward to obtaining the necessary government approvals to begin service to Ho Chi Minh City," said Mark Galardo, Air Canada's chief commercial officer.

Air Canada shares closed up CA$1.34 at CA$28.96 on the Toronto Stock Exchange.

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