Summary
- Vietjet reported a before-tax profit of $24.4 million in 2023, with significant revenue growth in air transport and ancillary services.
- The airline’s success is attributed to fleet renewal, international expansion, and financial management strategies.
- Vietjet’s Aviation Academy in Ho Chi Minh City plays a crucial role in training aviation professionals and has a partnership with IATA.
In Australia, Vietnam’s largest private airline Vietjet is probably best known for its $0 fares and how quickly it has opened up the whole country to cheap flights to Vietnam and across Asia on its 125 domestic and international routes. The airline brought competition back to Australians when international and domestic airfares had climbed so high as to become unaffordable for many, particularly from the major incumbent carriers serving the nation.
2023 was a good year for Vietjet
Despite that…










