Vietnam Airlines Leader: Buying 50 more aircraft is an urgent need

On May 15, Vietnam Airlines Corporation (stock code: HVN) held an extraordinary general meeting of shareholders (AGM) in 2025 to discuss and approve many important contents related to the restructuring strategy, capital increase and sustainable development.

Late last month, the government approved Vietnam Airlines’ investment plan for 50 unsecured narrow-body aircraft. The national airline plans to buy 50 Airbus A320 NEO or Boeing 737 MAX aircraft and 10 spare engines.

Mr. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, shared at the General Meeting of Shareholders (Photo: VNA).

The total investment of the project is nearly 3.7 billion USD, equivalent to 92,810 billion VND. This is equal to 1.6 times the total value of the company's assets, according to the 2024 financial report.

Sharing with shareholders, Vietnam Airlines leaders emphasized that 2025 is a pivotal year for the corporation to enter a new development phase.

The airline's leaders shared that the project to invest in 50 more aircraft is urgent in the airline's development plan because the narrow-body fleet always plays an important role in short and medium-haul flights. The airline focuses on investing in narrow-body aircraft, promoting the opening of new and restoring the operation of 15 key international routes...

The company plans to increase its charter capital by an additional VND22,000 billion in two phases, including an increase of VND9,000 billion this year and a further increase of VND13,000 billion in 2026.

By the end of the first quarter of this year, the airline reported an estimated consolidated pre-tax profit of nearly VND3,625 billion, transporting 6.2 million passengers, an increase of 7% over the same period last year.

Source: https://dantri.com.vn/kinh-doanh/lanh-dao-vietnam-airlines-mua-them-50-tau-bay-la-nhu-cau-cap-thiet-20250515221137189.htm