Vietjet Aviation Joint Stock Company holds 2025 Annual General Meeting of Shareholders
On May 30, Vietjet Aviation Joint Stock Company (HOSE: VJC) held its 2025 Annual General Meeting of Shareholders, aiming to continue developing domestic services and investing in its fleet for long-term development.
In 2024, Vietjet recorded positive business performance with the highest revenue ever, the international flight network is increasingly expanding, boosting revenue.
In 2024, Vietjet transported 25.9 million passengers (excluding Vietjet Thailand), including more than 9 million international passengers, an increase of 18% compared to 2023. Vietjet opened 20 new international and domestic routes, bringing the total number of routes to 145, including 101 international routes and 44 domestic routes. Vietjet is the first airline to have routes connecting Vietnam with the 5 largest cities in Australia, operating the most routes between Vietnam and India, China, Korea, Japan, etc.
According to the audited business results, in 2024, Vietjet achieved parent company revenue of VND 71,734 billion, pre-tax profit of VND 1,748 billion. Consolidated revenue reached VND 72,045 billion, pre-tax profit reached over VND 1,823 billion.
As of December 31, 2024, Vietjet's total assets reached nearly VND 99,300 billion, with a debt/equity ratio of 2.03 times and a liquidity ratio of 1.58 times, which are good in the aviation industry.
Cash balance, bank deposits plus working capital limit, ensuring the company's solvency according to the plan. Vietjet has contributed more than 7,500 billion VND in direct and indirect taxes and fees to the budget in 2024.
In early 2025, Vietjet marked an important milestone in its development journey by conducting its first flight from Vietnam to the United States. To serve its new development plan in the next decade, Vietjet and Airbus reached an agreement to purchase 20 new A330neo wide-body aircraft, bringing the total number of wide-body aircraft ordered to 40.
Dr. Nguyen Thi Phuong Thao, Chairwoman of Vietjet Board of Directors, speaks at the Congress
Speaking at the Congress, Dr. Nguyen Thi Phuong Thao, Chairwoman of Vietjet Board of Directors, affirmed her strong belief in the future, as Vietjet is ready to continue its journey to conquer new skies, not only in the aviation industry but also on the global economic development map.
"Vietjet today is not only a pioneer airline, but has become a multinational airline with aspirations to reach far, modern, flexible and deeply integrated with the world . We are constantly expanding our international flight network, enhancing our presence in the region and globally, and pioneering in connecting new destinations, opening up development opportunities for trade, tourism and investment.
Vietjet is committed to continuing to play the role of a growth bridge between Vietnam and the world – bringing strong connections between economies, communities and cultures. Above all, we continue to carry out our noble mission: bringing the dream of flying closer to everyone – with safe, friendly, world-class services and a spirit of constant innovation," affirmed Vietjet's Chairman of the Board of Directors.
Vietjet offers modern products and services such as Business class for long-haul flights operated by wide-body A330 aircraft.
Providing diverse products , pioneering digital transformation
To meet all customer needs, Vietjet offers modern products and services such as Business class tickets for long-haul flights operated by wide-body A330 aircraft, duty-free shopping services, insurance, currency exchange, etc.
Vietjet has also pioneered the application of biometrics in flight check-in procedures on the VneID application at major airports, bringing a quick and convenient flight check-in experience to people and tourists. Advanced technology is also pioneered by Vietjet in its operations to help optimize costs, contributing to the development of the aviation industry.
With a sustainable development plan, Vietjet continuously invests in ground operations, technical services, and human resource training and development. Vietjet has proactively operated ground services at the two largest airports in Vietnam, Tan Son Nhat and Noi Bai, continuing to improve its aviation service chain. The airline has also invested in aircraft maintenance facilities (hangars), proactively maintaining its modern fleet of aircraft, including both wide-body and narrow-body aircraft.
Vietjet today:
+ 145 routes, including 101 international routes and 44 domestic routes.
+ Continuously open more flight routes connecting Vietnam with top destinations in Australia, billion-population countries India, China and further to Europe in the near future.
+ Technical reliability 99.72%
+ 7/7 stars for safety
+ Prestigious global awards: World's best super-saving airline voted by AirlineRatings, Best financial management airline voted by International Finance magazine, Top 50 best listed companies in Vietnam voted by Forbes...
Source: https://baochinhphu.vn/vietjet-cam-ket-tiep-tuc-la-cau-noi-tang-truong-giua-viet-nam-va-the-gioi-102250531100713418.htm
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