The Vietjet Aviation JSC recorded a surge in its nine-month revenue, fulfilling 85% of the target set for this year, according to its third-quarter report.
Hanoi (VNA) – The Vietjet Aviation JSC recorded asurge in its nine-month revenue, fulfilling 85% of the target set for thisyear, according to its third-quarter report.
In Q3 alone, the carrier earned 11.6 trillion VND (nearly 467million USD) in consolidated revenue, shooting up 337% from the same periodlast year.
Asof September 30, its total assets are valued at 67.47 trillion VND while thedebt to equity ratio stood at 1.1.
The firm saw a loss of 767 billion VND from air transport,down over 50% from 2020 and 2021, but 43 billion VND in consolidated post-tax profit.The loss was blamed on soaring fuel costs.
However, Vietjet still paid over 3 trillion VND to thestate budget in nine months, the report said.
FromJuly to September, it conducted more than 35,000 flights transporting 6.4million passengers and 11,500 tonnes of cargo.
It also opened 10 new air routes in Q3, raising the total to 84, including 35 international.
In total, Vietjet operated 87,700 flights with 15.4 millionpassengers during the nine-month period, respectively rising 150% and 225% yearon year.
The company said since air transport has been dependent onvarious objective factors like epidemics or fuel prices, Vietjet has expandedits operations to other fields to adapt to the new context./.
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Aircraft of Vietjet (Photo: VietnamPlus) 
