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Vietjet posts US$48 million loss in Q2 with revenue down 54 percent

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Vietjet

Vietjet posts US$48 million loss in Q2 with revenue down 54 percent

August 5, 2020 by PLA Editor

Hanoi-based low-cost carrier Vietjet posted VND1,122 billion (around US$48 million) in operating losses for the second quarter, as air transport revenue slumped 54% YoY to VND1,970 billion (around US$84.5 million), a press release confirmed.  Vietjet said it has resumed all domestic flights when Vietnam opened up with 300 daily flights in June. The airline also launched eight new routes to meet the demand, boosting its domestic flight network to 52 routes with a total of 14,000 flights … [Read more...] about Vietjet posts US$48 million loss in Q2 with revenue down 54 percent

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Hanoi, low-cost carrier, Vietjet, Vietnam

Vietjet wins award for boosting its flight network and brand name

July 27, 2020 by PLA Editor

  Vietjet won the “Vietnam Brand, Global Impact” award at the recently concluded PR Newswire Awards 2020, a press release stated. The awards event recognised Vietjet for expanding its flight network and Vietnamese brand name across the globe.  In 2019, thirty-four new routes were launched, increasing the flight network to 139, including 44 domestic and 95 international routes, the company shared in an earlier statement. The airline also carried more than 25 million passengers, … [Read more...] about Vietjet wins award for boosting its flight network and brand name

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, air transport, airlines cargo, airways cargo, asia cargo news, award, cargo aviation, flight network, Vietjet

Vietjet’s repatriation flights to pave way for international flights to resume

July 20, 2020 by PLA Editor

Vietjet

Under government advice, Vietjet worked with relevant Vietnamese agencies within the country and overseas to bring citizens home in response to requests and in line with the country’s quarantine measures, the company said in a press release. On July 18, Vietjet operated an international flight to bring 240 Vietnamese from the Philippines back home safely. The flight departed from Ninoy Aquino International Airport and arrived at Can Tho International Airport in Southern Vietnam for a … [Read more...] about Vietjet’s repatriation flights to pave way for international flights to resume

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, IATA, Ninoy Aquino International Airport, Vietjet, Vietnam

Vietjet Annual General Shareholders’ Meeting sheds light on positive 2019 performance, creating a strong basis for the airline’s post-pandemic recovery

July 2, 2020 by PLA Editor

On 27 June 2020, Vietjet Aviation Joint Stock Company held its 2020 Annual General Shareholders’ Meeting (AGM) to review its 2019 business results and audited financial statements, discussing the company’s plans for 2020.  According to the Executive Board’s report from the AGM, 2019 continued to cement the airline’s growth and indicated sustainable development with positive business results. 2019 also marked an important milestone in the new-age carrier’s journey as the airline celebrated its … [Read more...] about Vietjet Annual General Shareholders’ Meeting sheds light on positive 2019 performance, creating a strong basis for the airline’s post-pandemic recovery

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, ASIAN-BAC, CAPA, cargo aviation, Covid-19, Vietjet

Vietjet announces five new Thai domestic routes, becomes first airline to resume operations in Phuket

June 19, 2020 by PLA Editor

Vietjet has announced ticket sales for five new Thailand domestic routes from 15 June 2020. These five new routes will connect the capital Bangkok (Suvarnabhumi) with famous tourism and cultural destinations from North to South of Thailand including Hat Yai, Khon Kaen, Nakhon Si Thammarat, Ubon Ratchathani, and Surat Thani.  The five new routes extend Thai Vietjet’s domestic flight network to 12 domestic routes, connecting 11 destinations in Thailand. In celebration of the new routes, more … [Read more...] about Vietjet announces five new Thai domestic routes, becomes first airline to resume operations in Phuket

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, Asian carriers, cargo aviation, Civil Aviation Authority of Thailand, Thailand domestic routes, Vietjet

Vietjet opens eight new domestic routes, offered 2.5 million promotional tickets for all Vietnam flights

June 17, 2020 by PLA Editor

Vietjet has opened ticket sales for its eight new domestic routes, which will commence operations from June 18, 2020. The new domestic routes connecting Hanoi with Dong Hoi (Quang Binh province); Hai Phong with Quy Nhon (Binh Dinh province); Vinh (Nghe An province) with Phu Quoc; Da Nang with Phu Quoc, Da Lat (Lam Dong province), Buon Ma Thuot (Dak Lak province), Vinh and Thanh Hoa – has increased the total number of Vietjet’s domestic flight network to 53 routes. In celebration of the new … [Read more...] about Vietjet opens eight new domestic routes, offered 2.5 million promotional tickets for all Vietnam flights

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Ho Chi Minh City Domestic Tourism Promotion Conference, Vietjet, Vietnam, Vietnam flights

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