In the first quarter of 2022, Vietjet recorded a growth of 113% in profit over the same period

With the strong recovery of the aviation and tourism industries, in the first quarter of 2022, Vietjet Aviation Joint Stock Company (HOSE: VJC) has operated and exploited effectively, opening the development plan of the year. 2022.

According to the financial report for the first quarter of 2022, compared to the same period in 2021, Vietjet recorded a growth of 113% in pre-tax profit thanks to the rapid recovery of passenger transport business and the continued expansion of the cargo transportation business. , with revenue growth in the first quarter of 2022 of 76% and 94% respectively.

In the first quarter of 2022, Vietjet achieved consolidated revenue of VND 4,522 billion, profit after tax of VND 244 billion, up 12% and 98% respectively over the same period in 2021.

Regarding air transport revenue, Vietjet achieved a revenue of VND 3,340 billion in the first quarter of 2022, up 17% compared to the same period in 2021, helping the airline achieve a profit after tax of the parent company of VND 40 billion.

In the first quarter of 2022, Vietjet achieved consolidated revenue of VND 4,522 billion, profit after tax of VND 244 billion (photo: Resources)

Since the end of last year until now, the aviation and tourism industries have fully reopened, meeting the increasing travel demand of the people. In the first 3 months of 2022, Vietjet reopened its entire domestic flight network and resumed regular international flights; carried out 20,000 flights and transported more than 3 million passengers on nearly 60 other declared domestic and international routes.

Vietjet’s total number of flights and passengers in the first quarter of 2022 has reached 50% and 55% of the total for the whole year of 2021, marking a milestone of strong recovery after the Covid-19 pandemic. For cargo transportation, Vietjet achieved a total volume of transported goods in the first quarter of 2022 of more than 12.5 thousand tons.

This is a very remarkable result of Vietjet in the context that the aviation industry in the first months of the year mainly focused on the domestic market.

In particular, Vietjet has put the first 2 wide-body A330 aircraft into operation and is expected to put the third aircraft into its modern fleet of aircraft in the near future.

In order to improve operational quality and serve passengers, Vietjet and Lufthansa Technik Group signed a cooperation agreement to deploy AVIATAR’s electronic technical diary application; and ST Engineering Group signed a contract for comprehensive hourly maintenance of aircraft equipment for the entire fleet of Vietjet; and Changi Airports International – an international unit of the Changi Airport Group – signed a Memorandum of Understanding worth 1.5 billion USD to develop the provision of aviation services at the airports of Vietnam. Vietnam and in the region.

The airline was also honored by AirlineRatings, a prestigious unit specializing in assessing world aviation safety and services, in the Top 10 safest low-cost airlines in the world in 2022 out of a total of more than 385 global airlines.

Currently, Vietjet is continuing to promote digital transformation to improve customer experience and optimize operational efficiency; diversify sales channels on digital devices and on e-commerce platforms; digitize operations and management to create a big transformation in the coming time to turn Vietjet into the leading digital airline in the region, continuing to grow strongly, reaching out to the world.

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