Based on the audited financial report 2023, representing the aviation industry, Vietjet has ranked 5th in revenue with VND58.3 trillion, marking a 45 per cent increase compared to the same period in 2022.
Based on the 2023 audited business results, Vietjet ranks fifth in terms of revenue with VNĐ58.3 trillion, an increase of 45 per cent over the same period in 2022.
Shareholders also approved the 2024 profit distribution plan, in which dividends and advanced dividends will be paid in cash and stock at a maximum ratio of 25 per cent.
Ancillary and cargo revenue amounted to nearly VNĐ21 trillion, surging over 60 per cent year-on-year or accounting for 39 per cent of the total air transport revenue.
The company reported a significant increase of 113 per cent year-on-year in pre-tax profit in the period, owing to the rapid recovery of passenger transport and the ever-growing cargo business, which grew by 76 per cent and 94 per cent, respectively.
Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its half-year audited financial statements for 2021, which saw a bigger post-tax profit of the parent company over its compiled reports.
Revenue in passenger transport in the period surpassed VND5.81 trillion, generating a pre-tax profit of VND13.7 billion, according to its financial results for H1 released on Monday.
The Airbus Vietnam Training Centre (AVTC) will work with the Vietjet Aviation Academy (VJAA) to provide A320 Type Rating courses, following approval from the Civil Aviation Authority of Vietnam and the European Union Aviation Safety Agency.
In the first half of this year, the airline’s loss stood at VND2.11 trillion ($90.5 million), which was considered a modest number compared to the total loss of more than $84 billion for the global aviation industry, according to the report.
As soon as the domestic market resumed, Vietjet quickly implemented a campaign called "Returning to the sky” and inaugurated eight new routes, increasing the domestic flight network to a total of 53 routes.