📋 Tender Overview
With the momentum of optimizing operations and expanding the international flight network, Vietjet Air Aviation Joint Stock Company recorded a sharp increase in profit in the first quarter of 2026, continuing to affirm the effectiveness of its growth strategy in the context of the recovery of the aviation industry. Download In the first three months of 2026, Vietjet achieved consolidated revenue of 21,021 billion VND, an increase of 17.1% over the same period last year. Profit of more than 1,000 billion VND in the first quarter of 2026, an increase of nearly 60% Vietjet Air Aviation Joint Stock Company (HOSE: VJC) has just released its financial report for the first quarter of 2026, showing a prosperous business picture with many impressive growth targets. This result reflects the effectiveness of the strategy of optimizing operations, promoting digital transformation and expanding the international flight network, thereby strengthening the foundation for the goal of developing a sustainable aviation ecosystem in the future. In the first three months of 2026, Vietjet achieved consolidated revenue of VND 21,021 billion, an increase of 17.1% over the same period last year. Consolidated pre-tax profit reached VND 1,142 billion, an increase of 36.5%, while consolidated after-tax profit reached VND 1,023 billion, recording a strong growth of 59.6%. RELATED NEWS Ministry of Construction supports Vietjet in participating in aviation infrastructure developmentVietjet pays 30% dividend, continuing to attract international investmentVietjet leads in optimizing emissions on flights in Southeast AsiaAt the corporate level mother, revenue reached 19,473 billion VND, an increase of 8.7% over the same period. Pre-tax profit reached 1,020 billion VND, an increase of 24.5%, while profit after tax reached 922 billion VND, an increase of 47%. These numbers show that the airlines core operations continue to maintain efficiency and play an important role in overall growth. The main driving force for growth comes from Vietjet enhancing control of operating costs through optimizing operational efficiency, promoting technology application and digital transformation throughout the system. In addition, maintaining a new, modern fleet that saves fuel also significantly contributes to improving business efficiency. As of March 31, 2026, Vietjets total assets reached 143,534 billion VND. Important financial indicators continue to be maintained within the industrys safety threshold, with the net debt to equity ratio at 2.1 times and the liquidity ratio reaching 1.5 times. Maintaining stable financial indicators in the context of the airline continuously investing in new fleets shows effective financial management ability. This is also an important foundation to help Vietjet deploy medium and long-term expansion plans. In the first quarter of 2026, Vietjet contributed VND 1,941 billion to the State budget, continuing to affirm the role of the business in contributing to the economy. In parallel with financial growth, Vietjets exploitation activities also recorded positive results. In the first quarter of 2026, the airline transported 7.2 million passengers, an increase of 5.1% over the same period, and conducted 39,903 flights, an increase of 3.3%. The output of transported goods reached 23,344 tons. Maintaining the growth momentum in output shows that the demand for air travel continues to recover and grow, and reflects the effectiveness in organizing and optimizing the airlines flight network. Notably, Vietjet continues to expand its international flight network with the opening of 5 routes connecting Vietnam and China. This is an important step in the international market development strategy, contributing to increasing connections and expanding passenger sources. Currently, Vietjet is operating a total of 186 routes, including 45 domestic routes and 141 international routes. Focusing on developing the international flight network is considered one of the long-term growth drivers, helping the airline diversify its revenue sources and reduce dependence on the domestic market. Besides operations, Vietjet also continues to affirm its operational capacity through the extension of its ISAGO certification by the International Air Transport Association (IATA) for ground service operations at Noi Bai International Airport until March 22, 2028. This certification covers 7 important areas, from organizational management and training to passenger and cargo service and load control, thereby affirming the airlines safety standards and service quality according to international standards. Download Human resources continue to be one of the important pillars in Vietjets development strategy. Heavily invested billions of dollars in its future fleet. In the first quarter of 2026, Vietjet continued to promote investment in its future fleet to meet long-term growth needs. The airline has ordered Pratt & Whitney to provide GTF engines for 44 Airbus A320neo aircraft with a total value of about 5.4 billion USD. At the same time, Vietjet signed a financial agreement for 6 Boeing 737-8 aircraft worth about 965 million USD and a lease purchase agreement for 10 Comac C909 aircraft. These investments not only help expand the fleet size but also contribute to improving operational efficiency, fuel savings and reducing long-term operating costs. In parallel with fleet investment, Vietjet also promotes the development of the aviation ecosystem through many cooperative activities. strategy. The airline is a founding member of the Asia-Pacific Aviation Finance Center,At the same time, signed with AVIC Cabin Systems to develop modern aircraft interior solutions, aiming to build an aviation support industry ecosystem in Vietnam. In addition, Vietjet pioneers the application of artificial intelligence (AI) and fuel optimization solutions through cooperation with international partners such as Open Airlines and Safran, contributing to improving operat
