Politics · Vietnam Bureau
Vietjet reports strong 41% revenue growth in first nine months of 2026
Vietnamese carrier Vietjet has posted robust financial performance in the first nine months of 2026, with consolidated revenue climbing 41 percent year-on-year. The airline's expansion efforts include new international routes and strategic partnerships to strengthen its regional presence.
LSN Vietnam ·
Vietjet recorded consolidated revenue of 22.849 trillion VND (approximately 886 million USD) in the third quarter of 2026, reflecting a 35 percent increase compared to the same period last year. The carrier posted net profit after tax of 348 billion VND (roughly 13.5 million USD) during the quarter, underscoring improved operational efficiency across its network.
Operational metrics demonstrate accelerating capacity deployment. During the three-month period, Vietjet executed 39,000 flights and transported 7.3 million passengers, supporting the airline's strategy to capture growing travel demand across Southeast Asia and beyond.
The carrier is pursuing aggressive route expansion to capitalize on market opportunities. Ongoing initiatives include the launch of a new Prague-Hanoi service and preparations for additional frequencies on routes connecting regional hubs including Ca Mau and Hanoi. These developments reflect Vietjet's commitment to strengthening connectivity between Vietnam and key markets in Europe and within Asia-Pacific.
Beyond route expansion, Vietjet has deepened its supply chain partnerships. A recent collaboration with Satair aims to enhance aviation logistics and maintenance capabilities, positioning the airline to support sustained fleet growth and operational reliability. Such strategic initiatives complement the carrier's organic growth trajectory and capital investment program.