The submit Vietjet releases Q1-2025 financials gave the impression first on TD (Shuttle Day by day Media) Shuttle Day by day Media.
Vietjet Aviation Joint Inventory Corporate reported a 24 % year-on-year (YoY) build up in consolidated benefit for Q1 2025, pushed via robust global enlargement and operational excellence, reinforcing the airline’s management in regional connectivity.
The airline will quickly function direct flights between Singapore and Phu Quoc via the top of Would possibly, including to the products and services from Singapore to Ho Chi Minh Town, Hanoi, and Da Nang.
This new course provides to, expanding the overall choice of weekly single-leg flights between Vietnam and Singapore to 78.
Consistent with its Q1 2025 monetary statements, Vietjet reported air income of VND17.92 trillion, with a pre-tax benefit of VND820 billion, marking a 25 % build up YoY.
Consolidated income totalled VND17.952 trillion whilst pre-tax benefit was once of VND836 billion, up 24 % YoY.
Ancillary income reached over VND6.223 trillion in Q1 2025, accounting for greater than 35% of Vietjet’s overall income.
As of thirty first March, Vietjet’s overall belongings reached VND98.766 trillion, with a debt-to-equity ratio of two.12 and a liquidity ratio of one.5, keeping up a secure degree inside the aviation business.
A hectic first quarter
Within the first 3 months of 2025, Vietjet operated just about 38,700 flights and transported over 6.87 million passengers, representing YoY enlargement of greater than 12 % and 9 %, respectively.
The airline operated a complete of 137 routes, together with 40 home and 97 global routes.
In Q1-2025, Vietjet added two new plane, increasing its fleet to 106 of probably the most trendy plane within the area.
The airline reported robust operational metrics with a seat load issue of 87 % and a technical reliability fee of 99.72 %.
Vietjet additionally offered 4 new global routes connecting Vietnam’s Hanoi and Ho Chi Minh Town with primary towns in China (Beijing, Guangzhou) and India (Bengaluru, Hyderabad), additional strengthening connectivity and increasing enlargement alternatives in key Asian markets.
Moreover, the airline introduced two upcoming direct routes: Phu Quoc—Singapore, set to release on 30 Would possibly 2025, and Ho Chi Minh Town—Auckland (New Zealand), anticipated to start in September 2025.
Highlights from the quarter
Vietjet started 2025 with its inaugural flight to america, resulting in strategic partnership discussions with key companions price US$14 billion.
Blended with present offers with its longstanding companions akin to Boeing, GE, Pratt & Whitney, and others, Vietjet’s overall cooperation price now approaches US$50 billion.
The airline additionally signed a US$300 million plane financing settlement with Carlyle Aviation Companions.
Past industry efficiency, Vietjet delivered over 60 tonnes of humanitarian assist to Myanmar and partnered with a number one financial institution to build 500 houses for low-income households in Vietnam.
At the innovation and repair entrance, Vietjet’s SkyJoy loyalty program received “Perfect Use of Virtual Era” on the 2025 Asia Pacific Loyalty Awards.
The airline additionally gained 3 world HR excellence awards and was once named “International’s Perfect Extremely Low-Price Service 2025” and some of the global’s most secure airways via AirlineRatings.
The submit Vietjet releases Q1-2025 financials gave the impression first on Shuttle Day by day Media.
