Hanoi (VNA) – Budget carrier Vietjet has recorded
positive results in the first three quarters of 2021, with gross profit totaling
44.5 billion VND (1.93 million USD), according to its latest financial
statement.
The airline reported air transport revenue of more than 1.36
trillion VND (59.2 million USD) in the third quarter of the year, following its
efforts to break even.
In its consolidated financial report, Vietjet posted its revenue
at 2.65 billion VND from July to September and accumulated revenue for the first nine months of 2021
at 10.21 trillion VND.
Vietjet’s assets totaled nearly 50.95 trillion VND by the
end of September. Its debt-to-equity ratio stayed at as low as 0.8 while the
liquidity ratio was at 1.06 – all were within the safety margin and considered
good indicators in the aviation industry.
The carrier has transported about 6.4 million passengers on
nearly 37,000 flights in the first nine months of the year, retaining its
highest quality service with the On-Time Performance (OTP) rate reaching 99.7
percent. All Vietjet flights have strictly followed COVID-19 preventive
regulations.
Vietjet also celebrated the first anniversary of the Vietjet
Ground Services Center (VJGS), which served up to 4.5 million passengers on
25,217 flights and transported 64,031 tonnes of cargo.
The airline has vigorously invested in technology adoption
and digital transformation, renovated, and upgraded system operation protocols
while enhancing cost and fuel-saving management in the third quarter.
Meanwhile, Vietjet Aviation Academy (VJAA) has increased its
e-learning activities to save costs and ensure pandemic prevention efforts.
There have been…