Vietjet outperforms targets, places major aircraft orders, expands ground self-service, wins Long Thanh project bid

(Vietjet, HoChiMinh City, July 31, 2025) – Vietjet Aviation Joint Stock Company (HOSE: VJC) has announced its Q2/2025 business results which surpassed expectations while marking significant milestones with substantial aircraft orders, the expansion of ground self-service operations, and winning project bids at Long Thanh International Airport.

Revenue ourperforms, profit increases significantly

According to the Q2/2025 financial report, Vietjet recorded aviation revenue of VND17.681 trillion (approx. US$674.46 million), with pre-tax profit reaching VND775 billion (approx. US$29.57 million), an increase of 52.3% YoY.

Vietjet achieved total consolidated revenue of VND17.885 trillion (approx. US$682.29 million) and a pre-tax profit of VND815 billion (approx. US$31.09 million), representing a remarkable increase of 151.5% YoY. Ancillary revenue contributed over VND6.893 trillion (approx. US$262.98 million), significantly boosting overall revenue.

For the first half of 2025, Vietjet reported aviation revenue of VND35.6 trillion (approx. US$1.35 billion) and a pre-tax profit of nearly VND1.6 trillion (approx. US$61.04 million), up 37% YoY. Consolidated revenue reached VND35.8 trillion (approx. US$1.36 billion), with pre-tax profit exceeding VND1.6 trillion (approx. US$61.04 million), a 65% increase YoY.

By the end of Q2/2025, Vietjet operated a total of 154 routes (109 international and 45 domestic), completing nearly 41,000 flights and transporting 7.5 million passengers. The total freight volume transported during the quarter approached 29,000 tons.

As of June 30, 2025, Vietjet's total assets amounted to over VND112.33 trillion (approx. US$4.28 billion), with a debt-to-equity ratio of 1.76 and a liquidity ratio of 1.44, indicating strong financial health in the aviation sector. Cash reserves, bank deposits, cash equivalents and short-term investments exceeded VND9.001 trillion (approx. US$343.48 million), coupled with working capital limits, ensuring the company's liquidity.

Vietjet paid over VND4.528 trillion (approx. US$172.74 million) in direct and indirect taxes and fees in the first half of 2025.

The airline boasted a technical reliability rate of 99.53% and has been recognized by AirlineRatings as the "Worlds’ Best Ultra Low-Cost Carrier," ranking among the safest airlines globally.

Q2/2025 marked a new milestone in Vietjet's strategy to expand its international network, launching direct flights from Nha Trang to three major cities in Russia: Vladivostok, Khabarovsk, and Blagoveshchensk.

In China, the airline inaugurated services connecting Hanoi and Ho Chi Minh City with Beijing, Guangzhou, and Shanghai, addressing the growing demand for travel and trade. Vietjet also expanded routes to India and Japan and increased domestic flight frequencies to Da Nang, Nha Trang, and Tuy Hoa.

Investment in modern fleet

In tandem with these positive financial and operational results, Vietjet continued to invest in and develop a modern aircraft fleet.

The airline has ordered an additional 20 wide-body A330neo aircraft from Airbus during French President Macron's visit to Vietnam, bringing its total A330neo orders to 40, making Vietjet the airline with the largest A330neo orders.

At the 2025 Paris Air Show, Vietjet placed a new order for 100 aircraft and 50 options for new Airbus A321neo aircraft. This represented the largest aircraft order at the Paris Air Show 2025, positioning Vietjet among the top 10 airlines globally with the largest orders.

Ground self-service expansion, Long Thanh project win

Vietjet is taking charge of ground services at the country's largest airports, enhancing service quality control, optimizing operational efficiency, and providing an enjoyable experience for passengers.

The Ministry of Construction has approved Vietjet's winning bid for the Investment and construction of aircraft maintenance services No. 3 and No. 4 projects at Long Thanh Airport. These projects are part of a comprehensive aircraft maintenance complex serving domestic airlines, ensuring national interests and meeting operational requirements for Long Thanh International Airport's first phase.

Vietjet continued to assert its position as a new-generation airline with positive business results, achieving separate and consolidated pre-tax profits of 78% and 75% of its annual plan, respectively.

These strategic moves reinforced Vietjet's internal capabilities and also laid a solid foundation for strong growth in the latter half of 2025, aiming at sustainable development and flying higher on the global aviation map.