HO CHI MINH CITY: Vietjet Aviation Joint Stock Co convened its AGM for 2025 in Ho Chi Minh City last Friday, outlining a roadmap focused on expanding domestic services and increasing investment in fleet development to drive long-term growth.
In 2024, Vietjet safely operated 137,500 flights, carrying a total of 25.9 million passengers (excluding Vietjet Thailand).
Among them were more than nine million international travellers, marking an 18% increase compared to 2023.
The airline also expanded its network with the launch of 20 new routes, both international and domestic, boosting its total flight network to 145 routes.
Vietjet also announced robust financial results for 2024, according to its audited financial statements.
The parent company recorded revenue of over VND71.73 trillion and a pre-tax profit of over VND1.74 trillion.
As of Dec 31, 2024, Vietjet’s total assets approached VND99.3 trillion.
The company maintained a debt-to-equity ratio of 2.03 and a liquidity ratio of 1.58.
In 2024, the airline contributed over VND7.5 trillion in direct and indirect taxes and fees to the state budget.
Kicking off 2025 with a major milestone, Vietjet successfully launched its first direct flight connecting Vietnam and the United States.
To support its long-term growth strategy over the next decade, Vietjet has signed a new agreement with Airbus to purchase 20 additional wide-body A330neo aircraft.
This brings the airline’s total wide-body fleet order to 40 aircraft.
As part of its ongoing network expansion, Vietjet has introduced a new international route connecting Singapore and Phu Quoc, alongside two new domestic routes Da Nang-Nha Trang and Hanoi-Tuy Hoa.
The Singapore-Phu Quoc route officially launched on May 30 and operates four round-trip flights per week. Vietjet now offers 78 weekly flights between Vietnam and Singapore. — Viet Nam News/ANN
