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Vietjet makes its mark with many large aircraft orders, wins bid for Long Thanh project

On July 31, Vietjet Aviation Joint Stock Company (HOSE: VJC) announced its second quarter business results with many impressive results: production and business exceeded the plan; made its mark with many large aircraft orders, continued to deploy self-service on the ground and won the bid for the project at Long Thanh International Airport.

Báo Nhân dânBáo Nhân dân31/07/2025

Vietjet ordered 20 more Airbus A330neo wide-body aircraft under the witness of French President Macron and President Luong Cuong.
Vietjet ordered 20 more Airbus A330neo wide-body aircraft under the witness of French President Macron and President Luong Cuong.

According to the business results report for the second quarter of 2025, Vietjet recorded aviation revenue of VND 17,681 billion and pre-tax profit of VND 775 billion, an increase of 52.3% over the same period in 2024.

High profits

According to consolidated business results, Vietjet achieved revenue of VND 17,885 billion and pre-tax profit of VND 815 billion, up 151.5% over the same period in 2024; ancillary revenue reached more than VND 6,893 billion, continuing to contribute significantly to total revenue.

In the first six months of 2025, Vietjet achieved aviation revenue of VND35,600 billion, pre-tax profit of nearly VND1,600 billion, up 37% over the same period; consolidated revenue reached VND35,800 billion, pre-tax profit of more than VND1,600 billion, up 65% over the same period. Vietjet contributed more than VND4,528 billion in direct and indirect taxes and fees in the first six months of 2025.

By the end of the second quarter of 2025, Vietjet had reached a total of 154 routes (109 international routes and 45 domestic routes). The airline operated nearly 41,000 flights, transporting 7.5 million passengers; the total cargo volume transported in the second quarter reached nearly 29 thousand tons.

As of June 30, 2025, Vietjet's total assets reached more than VND112.33 trillion, with a debt/equity ratio of 1.76 times and a liquidity ratio of 1.44 times, which is a good liquidity level in the aviation industry. The airline's cash balance, bank deposits and cash equivalents, and short-term investments reached more than VND9,000 billion, plus the working capital limit, ensuring the company's ability to pay quickly.

Vietjet has a technical reliability of 99.53%, is rated by AirlineRatings as " The World's Best Low-Cost Airline" and is among the top safest airlines.

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Vietjet constantly invests and develops a modern fleet.

The second quarter of 2025 marks a new step in Vietjet's international flight network expansion strategy. The airline will launch direct flights from Nha Trang to three major Russian cities: Vladivostok, Khabarovsk and Blagoveshchensk.

In the Chinese market, the airline has launched flights connecting Hanoi and Ho Chi Minh City with Beijing, Guangzhou, and Shanghai, meeting the increasingly vibrant travel and trade needs. At the same time, Vietjet has opened new routes to India and Japan and increased the frequency of domestic flights to Da Nang, Nha Trang, Tuy Hoa, etc.

Developing a modern fleet

Along with positive financial and operational results, Vietjet has continuously invested in and developed its modern fleet. Vietjet ordered 20 more A330neo wide-body aircraft from Airbus during French President Macron's visit to Vietnam, bringing the total number of A330neo aircraft ordered to 40. Vietjet has become the airline with the largest order for A330neo aircraft to date.

At the Paris Air Show 2025, Vietjet placed an order for 100 new aircraft and 50 options to purchase the new Airbus A321neo. This is the largest aircraft order at the Paris Air Show 2025, placing Vietjet among the top 10 airlines with the largest ordered fleet in the world.

Recently, Vietjet has taken on ground service at the country's largest airports, thereby enhancing service quality control, optimizing operational efficiency and bringing exciting experiences to passengers. Vietjet has been approved by the Ministry of Construction for the winning bid for the investment project to build and operate aircraft maintenance services No. 3 and No. 4 at Long Thanh International Airport.

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By the end of the second quarter of 2025, Vietjet achieved revenue exceeding the plan and ordered many modern aircraft.

This is one of the projects in the aircraft maintenance complex serving domestic airlines, ensuring national interests and meeting the operational requirements of Long Thanh International Airport phase 1.

At the end of the second quarter of 2025, Vietjet continued to affirm its position as a new-generation airline with positive business results, with individual and consolidated pre-tax profits reaching 78 and 75% of the annual plan, respectively.

These strategic steps not only help Vietjet strengthen its internal capacity but also create a solid foundation for Vietjet to make a strong breakthrough in the second half of 2025, aiming for sustainable development and reaching out on the global aviation map.

Source: https://nhandan.vn/vietjet-ghi-dau-an-voi-nhieu-don-dat-hang-tau-bay-lon-trung-thau-du-an-long-thanh-post897643.html


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