Vietjet’s fleet can save fuel between 15-20 per cent. — Photo courtesy of Vietjet |
HCM CITY — Vietjet Aviation Joint Stock Company (HOSE: VJC) reported outstanding business performances in Q1/2024, providing a strong boost for the entire year.
In Q1, Vietjet’s air transport revenue was recorded at VNĐ17.76 trillion (US$701 million) while after-tax profit at VNĐ520 billion ($20.5 million), increasing by 38 per cent and 209 per cent year-on-year respectively.
The airline’s consolidated revenue and after-tax profit stood at VNĐ17.79 trillion and VNĐ539 billion respectively, marking yearly rises of 38 per cent and 212 per cent.
During the first three months of the year, Vietjet operated nearly 34,500 flights with more than 6.3 million passengers onboard. The airline’s average load factor rate reached 87 per cent and the technical reliability rate 99.6 per cent.
Advancing its strategy to expand internationally, Vietjet’s international passenger transport in…