Summary
- Vietjet’s deliberate international expansion strategy is paying off with soaring revenues and profits in 2024.
- The airline’s commitment to ESG goals includes a focus on environmental sustainability and the use of modern, eco-friendly Airbus jets.
- With network expansions and new routes, Vietjet aims to exceed $2.32 billion in air transport revenue in 2024, maintaining a strong industry presence.
Last year, Vietjet played out a deliberate strategy to expand its international operations, adding new services across Asia and stretching as far afield as Australia and India. The airline implemented that strategy perfectly and is now reaping the rewards with revenues and profits well ahead of 2023 and set to climb further through this year.
A fast start to 2024
Vietjet started 2024 much like it ended 2023, a year in which it earned consolidated revenue of $2.35 billion and a before-tax…