News · CafeF

Aviation businesses sharply cut workforce

By the end of Q3, Vietnam Airports Corporation (ACV) had 7,113 employees, down 3,698 (34%) from the start of the year, with Q3 net revenue of 6,066 billion VND (down 6%) and after-tax profit of 2,083 billion VND (down 35%). Vietnam Airlines had 22,580 staff as of 30 September, down 1,106 (about 4.6%) from 31 December 2025, while its Q3 revenue reached 39,168 billion VND (up 29%) with consolidated after-tax profit of nearly 320 billion VND. The airline said fuel price swings caused by geopolitical tensions in the Middle East had an adverse effect in Q2 and Q3, and parent-company fuel costs rose nearly 4,360 billion VND (61%). In contrast, Saigon Ground Services (SGN) posted Q3 net revenue of 433 billion VND (up 23%) and net profit of 78 billion VND (up 105%), with 1,592 employees, up 129 from the same period in 2025.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Doanh nghiệp hàng không giảm mạnh nhân sự

Read the original on CafeF ↗

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VJCaviationoil pricesearningsemployment

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Related tickers and likely impact

VJC

▼ Likely negative

Vietjet Air

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorTravel & Leisure
IndustryAirlines
Market cap101,213 bn VND
P/E46.5
P/B3.84
Close on 10/30/2026131.60
Change that session0.00%
VJC price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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