IN the first quarter, Vietjet's air transport revenue surged US$701 million, marking a 38 per cent increase compared to the previous year, reports Sydney's Asian Aviation.
After-tax profit soared to US$20.5 million, showing a 209 per cent year-on-year growth.
The airline's revenue hit $702.4 million, and after-tax profit reached $21.3 million, both experiencing a 38 per cent increase and 212 per cent YoY increase.
vietjet maintained its commitment to safety and efficiency by successfully completing 34,500 flights in the first quarter, serving over 6.3 million passengers.
The airline achieved an average load factor rate of 87 per cent and a technical reliability rate of 99.6 per cent.
Notably, Vietjet's international passenger transport saw substantial growth, with flight numbers and passenger volumes rising by more than 53 per cent and 61 per cent year on year respectively.
By April, Vietjet's total assets surpassed $3.38 billion. The company maintained healthy financial indicators, with a debt-to-equity ratio of 1.9 and a liquidity ratio of 1.3, both well within favourable ranges for the aviation industry.
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After-tax profit soared to US$20.5 million, showing a 209 per cent year-on-year growth.
The airline's revenue hit $702.4 million, and after-tax profit reached $21.3 million, both experiencing a 38 per cent increase and 212 per cent YoY increase.
vietjet maintained its commitment to safety and efficiency by successfully completing 34,500 flights in the first quarter, serving over 6.3 million passengers.
The airline achieved an average load factor rate of 87 per cent and a technical reliability rate of 99.6 per cent.
Notably, Vietjet's international passenger transport saw substantial growth, with flight numbers and passenger volumes rising by more than 53 per cent and 61 per cent year on year respectively.
By April, Vietjet's total assets surpassed $3.38 billion. The company maintained healthy financial indicators, with a debt-to-equity ratio of 1.9 and a liquidity ratio of 1.3, both well within favourable ranges for the aviation industry.
SeaNews Turkey