Vietjet records USD 3.11 bn revenue in 2025; eyes expansion to Europe & Beyond
VIETJET_REPRESENTATIVE IMAGE
The airline operated 135 aircraft, including 101 based in Vietnam, across 254 routes, transporting 28.2 million passengers on over 153,000 flights. For India market, Vietjet expanded its presence in India in 2025 by launching new routes connecting Hyderabad and Bengaluru with Vietnam, complementing its existing operations from Delhi, Mumbai, and Ahmedabad.
Vietjet Aviation Joint Stock Company successfully held its 2026 Annual General Meeting (AGM), reporting strong 2025 financial performance and approving a 30% dividend payout. The airline also unveiled plans to expand its international network into new markets, including Europe, while enhancing connectivity for Indian travellers.
In 2025, Vietjet expanded its presence in India by launching new routes connecting Hyderabad and Bengaluru with Vietnam, complementing its existing operations from Delhi, Mumbai, and Ahmedabad. As its international network continues to grow, Vietjet remains committed to promoting trade, tourism, and cultural exchange between India and Vietnam, bringing Indians closer to Southeast Asia and beyond.
Vietjet even surpassed its set targets. The airline operated 135 aircraft, including 101 based in Vietnam, across 254 routes, transporting 28.2 million passengers on over 153,000 flights. Vietjet reported consolidated revenue of VND 82.093 trillion (approximately USD 3.11 billion) and a profit after tax of VND 2.123 trillion (approximately USD 80.58 million), marking a 51.2% increase and reaching 120% of its target. Additionally, it contributed VND 10.537 trillion (approximately USD 399.96 million) in direct and indirect taxes and fees.
Besides, Vietjet placed orders for 100 A321neo aircraft with 50 purchase options and ordered 20 Airbus A330neo wide-body aircraft, positioning itself among the airlines with the largest aircraft orders globally.
Global Strategy
Entering 2026, Vietjet remains steadfast in with its strategy centered on pillars including expanding the international flight network, targeting key markets such as Europe and the United States. Also, developing a modern fleet of Airbus A321neo, A330neo, Boeing 737-8, and strategic partnerships with Rolls-Royce, CFM, and Pratt & Whitney, pioneering the establishment of the International Aviation Finance Center in collaboration with the Vietnam International Financial Center in Ho Chi Minh City and investing in a wide-body fleet and Business class cabins are being prioritised.
Dr. Philipp Rösler, Independent Member of Vietjet’s Board of Directors and former Vice Chancellor of Germany, shared: “Vietjet has long prepared for the expansion of its flight network to Europe. With a model that combines cost-effective management and essential services, Vietjet will maintain its competitive cost advantage while providing a wonderful experience for passengers on long-haul flights.”
Investing for the future
To optimise operations and increas efficiency, the airline has invested in the Maintenance, Repair, and Overhaul (MRO) Center at Long Thanh and implemented ground self-handling services at Noi Bai and Tan Son Nhat, the country's two largest airports, to reduce operational costs. It has also developed the Vietjet Aviation Academy (VJAA) to secure high-quality human resources, organizing 15,198 courses for 162,100 trainees in 2025, reflecting a 53% and 30% increase respectively compared to 2024. Additionally, Vietjet has diversified its ancillary products and services to boost revenue and engaged in financial and technological collaborations with global partners.
The General Meeting also approved a 30% dividend payout in shares and the election of two new, highly experienced Board members. The airline also claims to continue its commitment to growth coupled with efficiency, expansion paired with financial discipline, and development tied to sustainable value for shareholders.
At the meeting, Vietjet Chairwoman – Dr. Nguyen Thi Phuong Thao stated, “Vietjet does not merely transport passengers — we connect economies, dreams, and futures. With a long-term vision spanning decades, we are committed to creating enduring value for our shareholders. When investors place their trust in Vietjet, we strive to deliver not only strong results today, but also sustainable, disciplined growth and expanding opportunities for the future. As the world opens up, Vietjet will continue to fly further.”
