The country's biggest private carrier continues expanding its international flight network.
The fast-growing private airline has anticipated an increase in air transport revenue to $1.8 billion and profit to $165 million this year.
In order to achieve these goals which were approved by its recent general shareholders meeting, the Vietjet will bring more than 20 international routes into operation with the aim to carry nearly 28 million passengers this year.
The carrier last year earned $1.47 billion in revenue and $132 million in air transport, with increasing contribution from 66 international routes.
Vietjet claims it wants to increase its foreign currency collection through ticket sales which has been benefiting from lower fuel price in international markets as well as boosting sales of ancillary goods which bring high-profit margins.
In the next three years, Vietjet aims to maintain its leading position in the domestic air transport market, effectively expand international routes and consider investment opportunities in infrastructure.
Vietjet last year recorded high growth, transporting 23 million passengers and surpassing Vietnam Airlines to become the biggest carrier in the domestic market. Its before-tax profit, air transport and ancillary revenue all saw a 50 per cent increase.
Vietjet was rated 7 star in safety index, which is the highest level of airlines worldwide while ranked 22nd in the world’s Top 50 best airlines for healthy financing and operation.
Vietjet was the first company in the region to operate the new generation A321neo aircraft which could save up to 16 per cent fuel cost, contributing to lower operation costs this year.
Tags:
Tags:
The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.
A.P. Moller–Maersk has launched its first bonded warehouse in Vietnam, situated in the SLP Park in Nam Dinh Vu Industrial Park, Haiphong.
Vietnam's T&T Group and Qatar’s JTA investment group have unveiled plan to develop a $4.5 billion international-standard sports complex and Disneyland-style theme park in Hanoi’s Dong Anh district.
This initiative aims to bring unique agricultural products from the region to visitors and consumers in Vietnam.
Michelin has been selected by NASA to participate in the research team for phase 1 of the Artemis project. The company's task involves researching and developing specialized airless wheels intended for lunar rovers.
Bcons Group has been leaving a lasting impression on the southern Vietnam’s real estate market. At the core of its achievements lies a single principle - “Trust” - the foundation that has propelled the company toward success and accelerated its transformation into a multi-industry conglomerate.
