The audit results recorded that individual air transport revenue reached 53,700 billion VND, consolidated revenue was 58,300 billion VND, growth of 62% and 45% respectively over the same period in 2022. Profit from transport Pre-tax and consolidated air cargo reached VND 471 billion and VND 606 billion, respectively.
Ancillary revenue and cargo transportation reached nearly VND 21,000 billion, an increase compared to the self-reported results. and increase more than 60% compared to 2022, contributing 39% of total air transport revenue.
As of December 31, 2023, Vietjet’s total assets reached more than 86,900 billions dong. The company’s debt/equity ratio is only 2 times lower than the normal level in the world, which is 3-5 times. The liquidity index of 1 3 times is at a good level in the aviation industry. The balance of cash and cash equivalents as of December 31, 2023 reached VND 5,051 billion, more than 2-7 times compared to the same period last year.
Vietjet achieved VnBBB credit rating – among the highest group in Vietnamese businesses.
In 2023 Vietjet contributed about VND 5,200 billion in direct and indirect taxes and fees to the budget.
Pioneer Expanding international flight network
Continue to maintain the development of domestic flight network and focus resources on expanding international flights in 2023. Vietjet has safely operated 133,000 transport flights. transporting 25,3 million passengers, including more than 7,6 million international passengers, an increase of 183% compared to 2022.
Vietjet opens 33 new international and domestic routes, bringing the total number of routes to 125 Flight routes include 80 international routes and 45 domestic routes. Prominent routes are Ho Chi Minh City – Shanghai (China) Ho Chi Minh City – Vientiane (Laos) Hanoi – Siem Reap (Cambodia) Hanoi – Hong Kong (China) Phu Quoc – Taipei (Chinese Taiwan) Phu Country – Busan (Korea) Jakarta Bali (Indonesia)…
Vietjet is also the airline that operates the most flights from Vietnam to India and Australia, helping to connect tourism trade with the two countries. The country has great potential.
From the beginning of 2024 until now, Vietjet continues to open more direct flights connecting the capital Hanoi with Sydney, increasing the total number of connecting routes between Vietnam – Australia increased to 7.
The airline also opened direct flights Hanoi – Hiroshima (Japan) Ho Chi Minh City – Chengdu (China) providing convenient travel and trade opportunities between countries. country.
On the domestic flight network, Vietjet opens the Hanoi – Dien Bien route, contributing to bringing tourists back to the historical point where the victory of Dien Bien Phu was made.
The airline’s flights achieve an average seat utilization rate of 87% and technical reliability of 99 72%.
Developing a modern, safe and environmentally friendly aircraft fleet
Sustainable development (ESG) will continue to be the company’s strategic goal in the long term. This is also an important factor contributing to Vietjet’s success by helping to optimize resources to save fuel and reduce CO2 emissions with a new and modern fleet of aircraft.
To meet the needs Vietjet continuously invests in its fleet with new generations of modern, safe and environmentally friendly aircraft. As of December 31, 2023, Vietjet’s fleet includes 105 aircraft including wide-body A330 aircraft.
Starting the journey to reduce CO2 emissions more than 10 years ago until 2023, the fleet Vietjet’s growth has contributed significantly to the airline’s success by optimizing resources, saving 15-20% of fuel, protecting the environment for sustainable development, and implementing research and development activities for green technologies…
In 2023, Vietjet reached an agreement with Boeing to continue the plan to deliver 200 737 MAX aircraft in the next 5 years and aircraft sponsorship agreements with foreign financial institutions up to billions of US dollars.
Focusing on safety, Vietjet has organized many conferences and training courses on safety and security and continues to be honored by AirlineRatings in the low-cost airline group. safest in the world.
In addition to proactive ground service work, Vietjet has begun proactively performing technical repair and maintenance work Airplane. In 2023, Vietjet will put into operation an aircraft maintenance technical center meeting international standards in Vientiane (Laos).
With a strategic vision of building and developing aviation human resources international standards Vietjet Aviation Academy (VJAA) has become a training partner of the International Air Transport Association (IATA).
In 2023, VJAA will train more than 97,000 students. with 6,300 courses. The academy has also put into operation simulation cockpit No. 3, continuing to be the leading international pilot training center in the region.
The year 2023 marks a new comprehensive development milestone for the airline. The airline’s medium-range international flight network has expanded widely, ready to meet domestic transport needs and continue with plans to expand the network further.
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