Vietjet officially releases audited financial statements for H1/2026, reporting strong growth following international expansion

(Vietjet, HoChiMinh City, August 30, 2026) – Vietjet Aviation Joint Stock Company (HOSE: VJC) has announced its audited financial statements for the first half of 2026, recording a consolidated revenue of VND 51.536 trillion (approx. US$1.97 billion), up 44% YoY and fulfilling 59.4% of its full-year target. Consolidated profit after tax reached VND 1.372 trillion (approx. US$52.6 million), equivalent to 64.5% of the annual plan.

In the first half of the year, Vietjet’s revenue grew 44%, strengthening its foundation for long-term growth

Revenue growth aligned with annual plan

According to the audited financial statements, separate revenue reached VND 45.030 trillion (approx. US$ 1.72 billion) in H1/2026, witnessing 26% increase YoY and completing 58.5% of the full-year target. Consolidated revenue reached VND 51.536 trillion (approx. US$ 1.97 billion), up 44%, accomplishing 59.4% of the annual plan.

Separate profit after tax stood at VND 1.126 trillion (approx. US$ 43.2 million), while consolidated profit after tax reached VND 1.372 trillion (approx. US$ 52.6 million), completing 55.9% and 64.5% of the annual targets, respectively.

As of June 30, 2026, Vietjet's total consolidated assets reached VND 149.093 trillion (approx. US$ 5.72 billion). The net debt-to-equity ratio was maintained at 2.36, with a liquidity ratio of 1.36.

In the first six months, Vietjet paid over VND 3.950 trillion (approx. US$ 151.6 million) of taxes and fees to the State budget.

Such positive business performance was driven by passenger transport growth, international route expansion, and measures to enhance operational efficiency and cost control.

International network remains growth driver

In H1/2026, Vietjet transported over 13.4 million passengers across 72,000 flights while cargo volume reached nearly 41,000 tons.

Vietjet currently operates 213 routes, including 46 domestic and 167 international routes. During H1, the airline further expanded connectivity to Australia, China, Sri Lanka, the Philippines, Kazakhstan, and the Czech Republic, strengthening its international presence while bridging Vietnam with major economic, trade, and tourism hubs.

Passengers delighted to fly with Vietjet on the inaugural flight connecting Ho Chi Minh City and Colombo, Sri Lanka 

Amid global geopolitical volatility, fluctuating jet fuel prices, and operational cost pressures, Vietjet implemented commercial, financial, and cost management solutions, alongside fleet optimization and fuel risk management to safeguard operational margins.

The airline continued to diversify products and services with Business, SkyBoss, Deluxe, and Eco ticket classes, offering hot meals, VikkiCafe, Duty-Free, SkyFi eSIM, currency exchange, the SkyJoy loyalty program, and seamless digital utilities throughout the flying journey.

Fleet investment solidifies long-term growth capacity

Vietjet maintains its investment strategy in new-generation aircraft, with a total order book of nearly 600 aircraft, laying a solid foundation for network growth over the coming years.

In H1, Vietjet signed agreements for Pratt & Whitney GTF engines to equip 44 Airbus A320neo aircraft and arranged financing for 12 Boeing 737-8 aircraft.

Vietjet and Pratt & Whitney sign agreement for aircraft engines and engine services at Singapore Airshow 2026 

Fleet development is included in the comprehensive plan for international network expansion and operational efficiency improvements to meet travel demand in high-growth markets.

At the Singapore Airshow 2026, Vietjet, as a founding member, announced the Asia-Pacific Aviation Finance Center, aimed at connecting international financial institutions, investors, and aviation enterprises to bolster aviation financing capabilities in Vietnam.

Vietjet is also accelerating digital transformation and AI integration into management and operations. It is partnering with OpenAirlines, Satair, and global partners to optimize fuel consumption, enhance operational efficiency, and reduce emissions.

Building a comprehensive aviation ecosystem

In addition to passenger transport, Vietjet continues to expand ancillary operations across the aviation value chain, including ground services, air cargo, training, aircraft maintenance, aviation finance, and technology.

AirportNEO provides self-ground handling services at major Vietnamese airports while also offering services to international airlines, including Air India’s regular flights to and from Hanoi.

The air freight segment continued to expand, driven by growing regional trade and logistics demand.

Victoria Aviation Academy continues to build international-standard aviation training capabilities. Vietjet is collaborating with Australian Aviation, F Air flight academy, and serves as an IATA training partner. The academy has conducted 9,662 training courses for over 99,000 trainees, including pilots, cabin crew, engineers, dispatchers, and aviation specialists.

An aircraft engineering subsidiary is currently being prepared for operations, step-by-step integrating technical maintenance capabilities into Vietjet's aviation value chain.

In international markets, Vietjet Thailand has expanded its flight network with the newly-added Boeing 737-8 fleet. Vietjet Qazaqstan maintained operations across Kazakhstan and Central Asia, extending the global reach of the Vietjet network.

Enhancing international brand equity

According to Brand Finance, as of May 2026, Vietjet’s brand value reached US$ 906 million.

In the first half of the year, Vietjet received remarkable international recognition for safety, service quality, workplace environment, and sustainable development. It was named among Vietnam’s Top 50 Listed Companies by Forbes Vietnam and Top 50 of the Corporate Sustainability Awards. Cirium recognized Vietjet as the most emissions-efficient airline for intra-Southeast Asia routes.

In the first half of the year, Vietjet continued to receive recognition from international organizations for its safety, service quality, workplace environment, and sustainable development

Vietjet was also voted by international passengers at the Flyers’ Choice Awards 2026 by AirlineRatings and recognized at the Korea Consumer Awards in categories covering airline business models, culinary experience, and service excellence.

With H1 financial performance tracking closely to the target plan, ongoing international network expansion, long-term fleet investments, and the expansion of value-chain activities, Vietjet continues to reinforce its foundation for future growth, revenue diversification, and sustained operational efficiency in the coming time.