News · VnExpress

Vietjet revenue up 41% on network expansion

Vietjet's consolidated revenue for the first nine months reached 74,385 billion VND, up 41% year on year and 86% of its full-year plan, with profit after tax of 1,721 billion VND. The growth came from network expansion, with the airline carrying more than 20.7 million passengers on 111,700 flights and operating 223 routes, 176 of them international. At the parent-company level, nine-month revenue was 67,857 billion VND, up 30%, with after-tax profit of 1,467 billion VND. Vietjet also took delivery of its 11th Boeing 737-8 in Seattle and partnered with Starlink, Rolls-Royce and CFM on satellite internet, engine maintenance and technical capability. As of September 30, consolidated total assets stood at 152,800 billion VND, net debt to equity was 2.4 times, and the airline contributed more than 5,944 billion VND to the state budget.

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

Original headline: Doanh thu Vietjet tăng 41% nhờ mở rộng mạng bay

Read the original on VnExpress ↗

Keywords

VJCaviationearningsVietnam

Open a keyword to see other news on the same topic.

Related tickers and likely impact

VJC

▲ Likely positive

Vietjet Air

Relevance: medium

MarketVietnam stocks
ExchangeHOSE
SectorTravel & Leisure
IndustryAirlines
Market cap101,751 bn VND
P/E46.2
P/B3.84
Close on 11/02/2026132.30
Change that session+0.53%
VJC price, forecasts and signals →

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

Related news

  • Vietnam needs 1,000 aircraft over the next 20 years

    Airbus forecasts that Vietnam's air passenger traffic could grow an average of 7.7% a year over the next 20 years, twice the global average, requiring about 1,000 additional aircraft beyond the existing fleet. Vietnamese airlines currently operate about 230 Airbus aircraft and have more than 220 more on order, with Airbus holding roughly 90% of the narrow-body market. As of September 2026, Vietnam had 258 aircraft registered to 13 operators, 231 of them in commercial service. In 2026, Vietravel Airlines ordered 50 narrow-body aircraft and Vietjet ordered 40 A330-900s. Airbus also says it will support Vietnam's aerospace workforce development and the VNREDSat-2 satellite program.

    VnExpress·▲ VJCVJCaviationVietnam
  • One of Vietnam's richest Labor HeroesCafeF·VietnamVJCaviation
  • 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.

    CafeF·▼ VJCVJCaviationoil prices
  • Europe's Airlines Are Heading for a Much Bigger Fuel Bill

    Ryanair says its annual fuel costs could rise by €2 billion, forcing double-digit fare increases. Meanwhile, Air France-KLM shares rallied after a sudden fall in oil prices.

    Yahoo Finance·▼ VJCoil pricesaviationEurope
  • Billionaire Nguyen Thi Phuong Thao's airline 'in high demand'

    The VN-Index rose 46.70 points (+2.76%) to 1,738.67, breaking above the 1,700 psychological level on improved liquidity. Foreign investors returned to net buying of about VND160 billion, ending a streak of 21 straight net-selling sessions. Securities firms' proprietary trading were net sellers of VND139 billion on HOSE, led by VCB (VND102 billion), KBC (VND100 billion), HPG (VND74 billion), TCB (VND68 billion) and FPT (VND59 billion). In contrast, VJC drew the largest net buying from proprietary desks at VND286 billion, followed by VPB (VND148 billion), PVT (VND23 billion) and KDH (VND17 billion).

    CafeF·▲ VJCVJCVNINDEXforeign investors
  • Airline industry braces for years of turbulence

    Airline executives told the Financial Times that fuel prices surging after the Iran war could become the new normal, forcing carriers to keep raising fares and possibly scale back growth plans or cut fleets. TAP Air Portugal's CEO Luís Rodrigues expects three to five difficult years because pricing power is limited. So far demand holds up: OAG estimates 2.3 billion bookings in the first half, up 1% year on year, even as fares rose. Executives worry that fuel-driven inflation will erode household purchasing power, and many carriers plan further fare hikes as fuel hedges expire. Abra's CEO Adrian Neuhauser said the industry could end up smaller than it otherwise would, while SunExpress's Marcus Schnabel said AI is 'not free' and must compete with aircraft purchases for capital.

    Vietstock·▼ VJCVJCoil pricesinflation

Related markets

Vietnam stocks →

Latest news

  • Sullivan: What the 2026 midterms could mean for energy investors

    The author expects only limited near-term moves in energy stocks after the midterm elections, with investment implications mainly over the longer term. Even if Democrats win one or both chambers of Congress, the change is unlikely to meaningfully alter policy, though S&P Global says it could bring tougher oversight of agency decisions and affect tax incentives for long-term energy investments. At the state level, Gina Hinojosa in Texas supports a moratorium on new data center builds, Amy Acton in Ohio backs a conditional moratorium, and Vivek Ramaswamy calls for conditions on new construction. Bank of America says Georgia, Ohio, Oregon, Pennsylvania and Texas matter most for utility stocks, with Texas the most consequential after state environmental regulators halted data center permits. Power demand would likely stay at current levels even if some large projects are stalled or stopped, and U.S. oil production is at a record high.

    CNBC·
  • Jim Cramer likes CrowdStrike's new 'AI kill switch' and the cyber stock

    Jim Cramer praised CrowdStrike's AI Kill Switch, unveiled at the European leg of its Fal.Con conference as a new feature of its Falcon Guardian platform, calling it a game-changer and the "holy grail" because it lets security teams take control of AI agents that stray from assigned behavior. CrowdStrike shares rose about 1% after the news. The backdrop is growing safety concern after Anthropic CEO Dario Amodei called for an industry slowdown in AI development on Sept. 12; CrowdStrike rose nearly 14% on Sept. 14 and closed at a record $278 on Oct. 6, before falling about 12% since. The CNBC Investing Club sold some shares late last month after the stock rallied, realizing a gain of roughly 187% on shares bought in late 2024, and keeps a hold-equivalent 2 rating with a weighting above 4%.

    CNBC·
  • Dell (DELL): A Top 10 Cheap AI Stock Trading at 13x Forward Earnings

    Dell ranks 10th on a list of the 10 best cheap stocks heading into 2027, citing a forward P/E of 13, expected 2027 revenue growth of nearly 34%, and popularity among hedge funds. The article recalls an October 30 tech selloff that pushed MSCI's global index down 1.5% and the Philadelphia semiconductor index down more than 7%, after Intel and Amazon results showed how much cash AI spending is burning. Interest rates were also a major factor, with 10-year Treasury yields near 5.3%. Dell booked a record $60.9 billion of AI server orders in its fiscal second quarter and ended it with a $95 billion backlog, lifting its full-year revenue outlook to $192 billion. Revenue from traditional servers and networking jumped 122% as customers replace aging data center equipment, and management said demand is running ahead of the supply Dell can secure.

    Yahoo Finance·
  • Apple fails to impress Wall Street, bear market chatter heats up, and AI assessing job productivity

    Market Hang's panel discusses Apple (AAPL) stock and how memory prices are weighing on the company's bottom line. The discussion also covers how the midterm elections factor into a bear market outlook, and whether AI is doing the "dirty work" at the office and assessing job productivity. Panelists include Paisley Nardini of Tema ETFs, David Wagner of Aptus Capital Advisors, Dan DeFrancesco of Business Insider Today, Nate Wolf of Barron's, and Turney Duff, author of "The Buy Side."

    Yahoo Finance·▼ AAPL▼ SPY
  • NVIDIA Rises 3% Despite AI CEO’s Warning on Chinese Chip Competition; AMD Climbs 5%, Broadcom Gains 3%

    NVIDIA rose 3% to $208.24 in afternoon trading, snapping a four-session losing streak, though it remains down 11% over the past month; its market value reached $5.03 trillion. AMD gained 5% and Broadcom 3% as chip stocks moved higher together. Misha Laskin, CEO of NVIDIA-backed startup Reflection AI, warned that Chinese AI labs giving away open models abroad will start selling their own chips and data centers, while the Financial Times reported NVIDIA has told cloud clients to sell at least 51% of their services to non-Chinese companies. NVIDIA has removed China data center compute from its outlook, and China revenue including Hong Kong fell to $19.7 billion in fiscal 2026 from $25.0 billion. The stock trades at 17x forward earnings, a five-year low versus a five-year average of 36x.

    Yahoo Finance·▲ NVDA▲ QQQ
  • Microsoft Corporation (MSFT) Delivered Strong Fiscal Fourth-Quarter Results: Mott Capital’s Take

    Mott Capital Management's Thematic Growth Strategy returned 9.01% year-to-date through Q3 2026, trailing the S&P 500 Total Return Index's 12.75%, amid sector rotation and weakness in technology shares. In its Q3 2026 investor letter, Mott said Microsoft was among the portfolio's strongest performers after very strong fiscal fourth-quarter results in July, while the manager trimmed Illumina after its gains and bought Cboe, citing options trading growth. Microsoft shares fell 4.78% over one month, traded between $349.20 and $551.15 over the past 52 weeks, and closed at about $507.12 on November 2, 2026, with a market capitalization of about $3.77 trillion. The company ranked second on a list of 40 most popular hedge fund stocks, held by 273 hedge fund portfolios at the end of the second quarter, down from 282 the prior quarter.

    Yahoo Finance·▲ MSFT▲ QQQ

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.