Vietjet announces 2025 audited financial results: profit growth surpasses targets, expansion in technical and ground services, strengthened financial foundation, and international expansion

(Vietjet, HoChiMinh City, March 30, 2026) – Vietjet Aviation Joint Stock Company (HOSE: VJC) has officially released its audited financial statements for 2025, reporting robust business growth, enhanced operational efficiency, and a consistently secure financial foundation, which were giving momentum for the strategy of international expansion.

Profit Growth Exceeds Targets with Distinct Efficiency Improvements

According to the audited report, Vietjet achieved the following consolidated results in 2025:

- Consolidated revenue: VND 82.093 trillion (approx. US$3.11 billion) (up 14% YoY).

- Consolidated profit before tax: VND 2.630 trillion (approx. US$ 99.6 million) (up 44.3% YoY).

- Consolidated profit after tax: VND 2.123 trillion (approx. US$80.5 million) (up 51.2% YoY).

These profit figures exceeded the annual plan by more than 120%, reflecting a sustainable recovery in aviation demand and the airline’s capacity for cost optimization and operational excellence.

Vietjet reported parent company’s performance as follows:

- Revenue: VND 81.426 trillion (approx. US$3.09 billion) (up 14% YoY).

- Profit before tax: VND 2.462 trillion (approx. US$ 93.47 million) (up 40.8% YoY).

- Profit after tax: VND 1.968 trillion (approx. US$ 74.6 million) (up 51.1% YoY).

Maintaining a Secure Financial Foundation and Strengthening Capital Capacity

As of December 31, 2025, the audited report highlights:

- Total assets: VND 139.459 trillion (approx. US$5.28 billion)

- Net debt-to-equity ratio: 2.25

- Liquidity ratio: 1.53

These financial indicators remained well within industry safety margins, demonstrating Vietjet's strong liquidity and rational capital structure.

During the year, Vietjet increased its equity by VND 5 trillion (approx. US$189.6 million) through a share issuance, bolstering its financial capacity for the next phase of growth.

Additionally, the airline paid VND 10.537 trillion (approx. US$ 399.6 million) of taxes and fees to the State budget, reaffirming its role as a major large-scale listed enterprise.

Increased Operation Volume and International Network Expansion

In 2025, Vietjet maintained high operational efficiency with:

- 28.2 million passengers carried (up 9% YoY).

- 153,000 flights operated (up 11.2% YoY).

- 113,923 tons of cargo transported.

The airline continued to expand its network with:

-  254 routes (52 domestic and 202 international).

-  22 new routes, primarily in China and Central Asia.

The international expansion strategy remains a long-term growth driver, diversifying revenue streams and reducing dependence on the domestic market.

Investment in Fleet, Technical Infrastructure, and Operational Capacity

Vietjet continued its long-term investment strategy in 2025 by:

- Expanding its fleet with modern aircraft, including the Airbus A321neo and A330neo.

- Signing engine and maintenance agreements with Roll-Royce.

- Increasing fleet size, including Thai Vietjet’s.

In the meantime, the airline accelerated:

- The development of Sustainable Aviation Fuel (SAF).

- Human resource investment via the Vietjet Aviation Academy (VJAA) with 162,000 trainees during the year.

- Technical infrastructure development, notably the Center for aircraft technical maintenance (hangar) at Long Thanh. With a total investment of approximately USD 100 million across 8.4 hectares, the facility will be capable of simultaneously servicing 6 narrow-body and 2 wide-body aircraft, or up to 10 narrow-body aircraft upon completion.

Enhancing Customer Experience and Digital Transformation

Vietjet continued to elevate service quality and operational efficiency through:

- The launch of Business Class, expanding its customer segments.

- The growth of the SkyJoy loyalty program.

- Digital Integration: Multi-channel booking, AI assistants, biometrics, and real-time operational management.

- The implementation of self-ground services at key airports, helping the airline improve On-Time Performance (OTP) and optimize operating costs.

International Recognition and Brand Prestige

In 2025, Vietjet's excellence was recognized by prestigious international organizations:

- Top 10 Safest Low-Cost Airlines – AirlineRatings.

- Among Top Sustainable Airlines.

- Among Top Valuable Airline Brands in ASEAN – Brand Finance.

- Top 50 Best Listed Companies in Vietnam – Forbes.

These accolades reflect Vietjet’s operational capacity, service quality, and brand prestige in the international market.

2026 Outlook: A Solid Foundation for Sustainable Growth

Heading into 2026, Vietjet is strategically positioned to:

- Continue expanding the international network, specifically targeting long-haul routes.

- Enhance the operational efficiency of the wide-body fleet.

- Drive digital transformation and cost optimization.

- Advance ESG initiatives and green aviation solutions.

With a stable financial foundation, flexible operational capacity, and a clear expansion strategy, Vietjet is confident in maintaining its positive growth momentum, creating sustainable value for shareholders and investors in the medium and long term.