Vietjet’s Impressive Q2 Growth and Ambitious Aircraft Orders

Overview of Vietjet’s Performance

Vietjet has reported noteworthy results for the second quarter of 2025, showcasing a dramatic surge in profitability. The airline’s pre-tax profit increased by over 150% compared to the same period last year. Expanding its operations, Vietjet has also undertaken significant aircraft purchases, including orders for 20 A330neo and 100 A321neo jets. The airline’s ambitions extend further, having secured the bid to establish vital maintenance facilities at the future Long Thanh International Airport, laying the groundwork for ongoing growth across Asia.

Financial Highlights

In the latest financial report, Vietjet announced a consolidated revenue of approximately VND17.88 trillion (around USD682.29 million). The pre-tax profit was noted at VND815 billion (about USD31.09 million), marking an impressive 151.5% year-on-year increase. The airline’s focus on enhancing aviation-specific revenue also paid off, reaching VND17.68 trillion (around USD673.9 million) with a corresponding pre-tax profit of VND775 billion (approximately USD29.57 million), which is up 52.3% from the previous year. Clearly, the airline has positioned itself strongly in the competitive aviation landscape, with India emerging as a significant market.

Key Operational Developments

• Vietjet operates 10 direct flight routes from Indian cities such as Delhi, Mumbai, Bengaluru, Hyderabad, and Kochi to major destinations in Vietnam.
• New routes were launched in March connecting Bengaluru and Hyderabad to Ho Chi Minh City, reinforcing Vietjet’s presence in the South Asia market.

First-Half Achievements

In the first half of 2025, Vietjet accomplished a noteworthy 78% of its annual pre-tax profit target. With consolidated revenue amounting to VND35.8 trillion (approximately USD1.36 billion) and pre-tax profits exceeding VND1.6 trillion (about USD61.04 million), this translates to a year-on-year increase of 65%. The airline maintained a stable debt-to-equity ratio of 1.76 and liquidity ratio of 1.44, along with total assets exceeding VND112.33 trillion (around USD4.28 billion).

Passenger and Cargo Performance

During this period, Vietjet operated a total of 189 routes, successfully transporting 17.7 million passengers across 99,202 flights. The cargo volumes also displayed robust growth, reaching nearly 65,200 tons, backed by a technical reliability rate of an impressive 99.53%.

Expanding International Footprint

In alignment with its international aspirations, Vietjet placed the world’s largest A330neo order for 40 widebody aircraft during the impactful visit of French President Emmanuel Macron to Vietnam. The airline also made waves at the 2025 Paris Air Show by signing the largest deal for 100 A321neo aircraft, complemented by 50 purchase options. This bold move underlines Vietjet’s commitment to expanding both its fleet and capabilities.

Infrastructure Growth

The airline’s ground operations saw notable advancements as well, including a strategic expansion of in-house ground handling services at key domestic airports. In a major infrastructure initiative, Vietjet received government approval for the construction of Aircraft Maintenance Facilities No.3 and No.4 at the future Long Thanh International Airport, which is poised to become Vietnam’s premier aviation hub.

Závěr

The impressive financial results and significant orders highlight Vietjet’s ambitious growth strategy in the aviation sector. Such developments not only impact the airline directly, but they also ripple through the travel landscape, enhancing the passenger experience and making travel increasingly accessible. By leveraging platforms like LocalsRide.com, travelers can book personalized transfers seamlessly, ensuring they have the right choice of vehicle to meet their needs. This empowers customers to make informed travel decisions while enjoying transparency and competitive pricing, boosting their overall travel experience.

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