On the morning of June 25, Vietnam Airlines (Vietnam National Airlines Corporation) held the 2025 Annual General Meeting of Shareholders to approve the audited financial report for 2024, the Board of Directors' performance report for 2024, and the production and business plan and orientation for 2025.
At the Congress, the Board of Directors of Vietnam Airlines reported on its 2024 business results with many bright spots. Consolidated revenue reached VND 112,776 billion and consolidated profit after tax reached VND 7,958 billion, marking the highest level in the history of Vietnam Airlines.
In 2024, Vietnam Airlines' consolidated revenue will reach VND 112,776 billion, and profit after tax will reach VND 7,958 billion.
2024 is a pivotal year in the recovery and growth process of Vietnam Airlines. The airline has operated 139,700 safe flights, transported 22.75 million passengers, achieved an on-time performance index of 85% and a fleet availability index of 95%. The airline's flight network has been fully restored and has grown compared to the pre-pandemic period, with 58 international routes and 38 domestic routes, connecting to 52 destinations in 18 countries. Vietnam Airlines continues to be the only airline operating all domestic destinations in Vietnam.
Key areas such as flight operations, engineering, services, cargo and e-commerce all recorded positive results. Member units such as VAECO, SKYPEC, VIAGS, NCTS, TCS, NCS, VACS… continued to affirm their key role in the Corporation’s ecosystem, contributing significantly to the overall consolidated results.
2024 is also a time to record many steps forward in enhancing the reputation of the Vietnam Airlines brand in the international arena. The airline continues to maintain the 4-star airline standard according to Skytrax's assessment, honored with the "Million Miles of Wonder Experiences" marketing campaign presented by MMA Global. Along with that are prestigious awards, "5-star world airline" by APEX, "Airline providing the best premium economy cabin service 2024" and "Top 25 leading airlines in the world" by Airlines Rating, "Vietnam National Brand 2024".
Mr. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, spoke at the congress.
Vietnam Airlines has successfully transformed its Passenger Service Systems (PSS); Fleet Management of Engineering and Spare Parts (MRO IT) to improve service quality and optimize aircraft maintenance and repair.
Entering 2025, Vietnam Airlines will synchronously deploy key solutions to boost operational capacity, improve operational efficiency and expand the market. In particular, investing in a new generation fleet is one of the strategic tasks. The airline will complete preparations for the project to invest in 50 modern narrow-body aircraft with a total investment of more than VND92,000 billion, expected to be implemented from 2030 to 2035. The project's goal is to improve fuel efficiency, reduce emissions and improve competitiveness.
Vietnam Airlines is also expanding investment in technical infrastructure at strategic airports such as Long Thanh and Noi Bai, while enhancing supporting services such as engineering, catering and logistics to complete the value chain.
In the first half of 2025, the airline opened five new international routes to Beijing, Bangkok, Bengaluru, Hyderabad and Busan, and restored four key routes to Moscow, Bali, Kuala Lumpur and Hong Kong. Two key routes to Milan and Copenhagen will be operated from July and December this year, respectively.
In 2025, Vietnam Airlines aims to transport 25.4 million passengers and 346 thousand tons of cargo, up 11.6% and 11.5% respectively compared to 2024. Consolidated revenue is expected to reach VND 116,715 billion, up 3.5% over the same period.
PHAM DUY
Source: https://vtcnews.vn/vietnam-airlines-dat-doanh-thu-loi-nhuan-ky-luc-ar950873.html
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