HCM City (VNA) – Overcoming the challenging aircraft shortages of the aviation industry, Vietjet Aviation Joint Stock Company (HOSE: VJC) has reported outstanding business performances in Q1/2024, providing a strong boost for the entire year.
In Q1/2024, Vietjet’s air transport revenue was recorded at 17.76 trillion VND (approx. 701 million USD) while after-tax profit at 520 billion VND (approx. 20.5 million USD), increasing by 38% and 209% YoY respectively.
The airline’s consolidated revenue and after-tax profit were 17.79 trillion VND (approx. 702.4 million USD) and 539 billion VND (approx. 21.3 million USD) respectively, growing by 38% and 212% YoY in the given order.
In the first three months of the year, Vietjet safely operated nearly 34,500 flights with more than 6.3 million passengers onboard. The airline’s average load factor rate reached 87% and the technical reliability rate…