Vietjet Sees Strong Growth In The First Half Of 2025, Strengthening Vietnam’s Role As A Leading Aviation Hub In Asia And Expanding Its Global Presence

Vietjet has reported impressive growth in the first half of 2025, further solidifying Vietnam’s role as one of Asia’s key aviation hubs. This robust performance highlights the airline’s significant strides in expanding its global reach, not only by enhancing its operations within Southeast Asia but also through strategic international expansions. The airline’s strong financial growth, increased passenger traffic, and extensive fleet investments all contribute to its rising prominence in the global aviation sector. Vietjet’s success in the first half of 2025 is driven by new direct routes, particularly connecting India and Vietnam, which have boosted connectivity and opened up new opportunities for travelers. These efforts underscore Vietnam’s growing importance on the international aviation stage, positioning the country as a dynamic hub for regional and global travel. As Vietjet continues to expand its fleet and strengthen its market presence, it is increasingly seen as a rising global carrier, reinforcing Vietnam’s position as a central player in Asia’s aviation industry.
Robust Financial Performance
Vietjet has reported remarkable growth in the first half of 2025, driven by increased passenger traffic and expanded flight routes.
Air Transport Revenue: Vietjet’s air transport revenue reached VND 35.601 trillion (approx. US$1.35 billion), marking a 37% year-on-year (YoY) increase.
Pre-Tax Profit: The airline’s pre-tax profit stood at nearly VND 1.6 trillion (approx. US$60.71 million), reflecting robust operational efficiency.
Consolidated Revenue: Consolidated revenue for the airline was VND 35.837 trillion (approx. US$1.36 billion), with pre-tax profits exceeding VND 1.651 trillion (approx. US$62.65 million), demonstrating a 65% YoY growth.
Passenger Traffic and Flight Operations
Vietjet has demonstrated excellent growth in both passenger numbers and operational performance.
Flights Operated: The airline operated 79,000 flights during H1 2025, maintaining a high level of operational consistency.
Passenger Numbers: A total of 14.4 million passengers were onboard these flights.
Taxes and Fees: The airline paid over VND 4.528 trillion (approx. US$171.82 million) in taxes and fees, further cementing its contribution to the national economy.
The airline’s consistent growth in both revenue and operational metrics highlights its strong market position and efficient operations.
Strengthening India-Vietnam Connectivity
A key component of Vietjet’s growth strategy has been enhancing connectivity between India and Vietnam.
New Routes: In March 2025, Vietjet launched two new direct routes from Bengaluru and Hyderabad to Ho Chi Minh City, adding to its expanding network.
Existing Routes: Vietjet also operates eight non-stop routes from Delhi, Mumbai, Kochi, and Ahmedabad to major Vietnamese hubs, including Hanoi, Da Nang, and Ho Chi Minh City.
These new and existing routes have contributed significantly to Vietjet’s success, facilitating seamless travel between two rapidly growing economies.
Fleet Investment and Expansion Plans
Vietjet is making significant investments in expanding its fleet to support its ambitious growth plans.
A330neo Aircraft Order: The airline placed an order for 20 Airbus A330neo aircraft in H1 2025, bringing its total order for the aircraft model to 40. This makes Vietjet the airline with the largest order of A330neo aircraft in the world.
A321neo Order: At the 2025 Paris Air Show, Vietjet secured a historic order of 100 A321neo aircraft, along with 50 purchase options. This deal is the largest in the industry, positioning Vietjet among the top 10 airlines globally in terms of aircraft orders.
Engine Deal with Rolls-Royce: Vietjet also signed an agreement with Rolls-Royce for the supply of 40 Trent 7000 engines to power its A330neo fleet.
These significant investments in both aircraft and engines are a testament to Vietjet’s commitment to enhancing its fleet and ensuring sustainable growth in the future.
Groundbreaking of Long Thanh Project
Vietjet has kicked off construction on its Aircraft Maintenance Technical Center at the under-construction Long Thanh International Airport. This project features Hangars 3 and 4, which will be capable of servicing 10 aircraft simultaneously, adhering to international standards.
Enhancing Service Quality: The new center will play a key role in supporting Vietjet’s growing fleet, ensuring that the airline can provide reliable and efficient maintenance for its expanding operations.
Self-Service Ground Operations: Additionally, Vietjet has rolled out self-service ground operations at major airports to enhance service quality, streamline processes, and improve the overall passenger experience.
Recognition and Strategic Vision
Vietjet’s growth has not gone unnoticed, as it has garnered recognition for its outstanding achievements in the aviation sector.
Awards and Recognition: Vietjet was named “World’s Best Ultra Low-Cost Carrier” by AirlineRatings. Additionally, Forbes Vietnam ranked the airline among the Top 5 revenue-generating enterprises for 2024 and in the Top 50 best-listed companies for 2025 in the country.
| Metric | Value |
|---|---|
| Air Transport Revenue | VND 35.601 trillion (~US$1.35 billion) |
| Pre-Tax Profit | VND 1.6 trillion (~US$60.71 million) |
| Consolidated Revenue | VND 35.837 trillion (~US$1.36 billion) |
| Consolidated Pre-Tax Profit | VND 1.651 trillion (~US$62.65 million) |
| Flights Operated | 79,000 flights |
| Passengers Onboard | 14.4 million passengers |
| Taxes and Fees Paid | VND 4.528 trillion (~US$171.82 million) |
| Fleet Investment (A330neo) | 20 aircraft (Total order: 40) |
| A321neo Aircraft Order | 100 aircraft (with 50 purchase options) |
| Trent 7000 Engines Ordered | 80 engines (for A330neo fleet) |
| Consolidated Assets | VND 112 trillion (~US$4.25 billion) |
Conclusion
Vietjet’s growth in the first half of 2025 has been nothing short of impressive. The airline’s robust financial performance, expansion of international routes, significant fleet investments, and recognition in the global aviation industry underscore its rise as a key player in the sector. With a focus on strengthening India-Vietnam connectivity, ongoing fleet expansion, and strategic infrastructure projects, Vietjet is poised for continued success and further solidifying Vietnam’s position as a major aviation hub in Asia and globally.
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