Vietjet achieved consolidated pre-tax profit of VND 2,051 billion in the first 9 months of the year, up 17% over the same period thanks to expanding its international flight network and reducing costs.
Information provided by Vietjet Aviation Joint Stock Company (VJC) in its business results for the third quarter of 2025.
In the air transport segment, third quarter revenue reached 16,728 billion VND, pre-tax profit was 393 billion VND. Accumulated in the first 9 months of the year, this segment recorded revenue of 52,329 billion VND, pre-tax profit of 1,987 billion VND, an increase of 28% over the same period in 2024.
Air transport gross profit in 9 months was 6,724 billion VND, gross profit margin reached 13% thanks to effective coordination and expansion of flight network, and gasoline prices decreased by more than 10%. The company saves technical costs through good management of materials and spare parts as well as optimizing input costs. Owning a new aircraft also helps save capital for operations and fuel.
Ancillary revenue (checked baggage fees, meal sales…) during the period reached 6,893 billion VND, accounting for 41% of total transport revenue, an increase of 19% over the same period.
After 9 months, Vietjet’s consolidated revenue reached 52,769 billion VND, pre-tax profit was 2,051 billion VND. The company paid more than 7,342 billion VND in taxes and fees to the state budget. According to the business, positive business results come from expanded and highly effective international operations.
As of the end of September, Vietjet operated 219 routes, including 169 international and 50 domestic, transporting 21.5 million passengers with a fleet of 98 aircraft. Seat utilization ratio reached 86%, technical reliability 99.72% – among the highest in the region. Counting international passengers alone, the airline transported more than 8.5 million passengers in 9 months, an increase of 7% compared to 2024. The report also said that Vietjet currently holds the largest market share in Vietnam with 45% of the domestic passenger transport market share and 55% of the international passenger transport market share.
Vietjet’s aircraft. Image: Tai Nguyen
Vietjet’s Board of Directors approved a 20% stock dividend plan, corresponding to the issuance of more than 118.3 million shares, with a total par value of more than 1,183 billion VND. This decision is based on positive business results and financial potential, to ensure long-term interests of shareholders.
The airline continues to invest in the Aircraft Maintenance Center in Long Thanh, develop sustainable aviation fuel (SAF) and train high-quality human resources at Vietjet Aviation Academy.
In 2025, Vietjet was honored with awards such as “Sustainability” by AirlineRatings, “Best Place to Work in Asia” and “Top 50 Best Listed Companies in Vietnam” by Forbes, affirming the position of the Vietnamese airline brand in the international market.
With positive market trends, low fuel prices and a solid technological and financial foundation, Vietjet expects to continue to grow strongly in 2026.