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Sharp increase in oil prices casts a shadow over Vietjet Air, Vietnam Airlines and Bamboo Airways

The majority of airlines operating expenses are fuel costs, which has increased 41 percent since the beginning of the year and it is predicted to continue increasing in the near future.

A 'headache' of the Vietjet Air’s billionaire

Oil prices have approached $70 a barrel and Vietjet Air will have to adjust its profit plan in case they exceed this threshold.

Without license and aircraft, Bamboo Airways is determined to start flights at the year end

Bamboo Airways has contacted many partners to lease 10 aircraft which are planned to come into operation in the fourth quarter of this year, according to the airline’s representative.

Vietjet’s market cap surpasses $4.5 billion

At the end of the first trading session in this April, the total market capitalization of VietJet Aviation Joint Stock Company, currently coded as VJC reached roughly $4.5 billion one year after its listing.

Vietjet Air signs contracts worth $7.3 billion in France

Vietjet Air has recently signed a strategic cooperation agreement worth $6.5 billion with Safran - CFM and a $800 million - financing agreement with GECAS France.

Founding owners of Hoa Phat and Thaco Corporations announced billionaires in the world

Besides Pham Nhat Vuong and Nguyen Thi Phuong Thao, there are two Vietnamese businessmen's names placed in the World’s Billionaires list 2018 just announced by the reputable Forbes.

Vietjet caught in PR crisis amid bikini scandal and a punitive fine of US$1,760

Vietjet Air's reputation has been severely damaged by the "Changzhou bikini scandal" regarding the reception of the U23 Vietnam football team after the 2018 AFC U-23 Asian Cup final.

Vietjet reached a US$600 million deal with Pratt & Whitney

Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX) and VietJet Air have reached a deal including a 12-year EngineWise™ Fleet Management Program.

Stock indexes
933.39 -10.58 -1.12
Volume: 204,000,000 Value: 4,943 (Billions VNĐ)
107.62 2.04 1.93
Volume: 44,000,000 Value: 636 (Billions VNĐ)
50.55 -0.03 -0.07
Volume: 12,000,000 Value: 173 (Billions VNĐ)
926.5 -14.59 -1.55
Volume: 56,000,000 Value: 2,013 (Billions VNĐ)