Vietjet’s revenue surges in 2019

posted on 29th January 2019 by Justin Burns

Vietjet’s revenue from core business increased by 49 per cent boosted by growing international and domestic networks.

In the recent announcement of its business results in 2018, which exceeded its business plan, the carrier said it maintained its momentum of significant and sustainable growth.

Vietjet’s business results in 2018 before auditing showed the total revenue of VND52.4 trillion ($2.26 billion) up 24 per cent year-on-year which reached 103 per cent of the plan set up at the Shareholders’ General Meeting.

Total pre-tax profit reached VND5.83 trillion ($251 million). Revenue from air transport reached VND33.815 trillion ($1.46 billion), an increase of 49 per cent compared with the previous year and reached 112 per cent of the plan.

More than 23 million passengers were flown by the Vietnamese low-cost carrier and international routes with regular operation increased to 66.