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Showing posts with the label Vietjet
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Illuminate your Diwali with Vietjet’s Spectacular Sky Deals Starting from RM166!
Unbeatable air fares for the new route from Kuala Lumpur to Vietnam’s capital city Celebrating Diwali, Vietjet unveils exclusive Sky Deals, featuring one-way tickets starting from just RM166(*) for Malaysian travellers. Bookings are available during the promotional period of 11-17 October 2024, covering routes from Kuala Lumpur to Ho Chi Minh City and Hanoi, Vietnam’s two largest and most vibrant cities. Travellers can plan their adventures for travel dates between 11 November 2024 and 22 May 2025(**). To make the celebrations even more memorable, Vietjet’s Diwali Sky Deals promotion not only includes incredible fares, but also features delightful gift bags and engaging in-flight entertainment that embody the joyous spirit of Diwali on flights from Malaysia, as well as from Singapore, India, and Australia. Missed the Diwali promotion window? Fret not! Passengers can still enjoy exclusive deals every Friday with Vietjet’s ongoing promotions. With daily flights and offers across all off ...
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Vietjet to Launch Daily Kuala Lumpur-Hanoi Route, Boosting Malaysia-Vietnam Ties and Regional Connections
First New Service Between Kuala Lumpur and Vietnam Since 2016 In a landmark move, Vietjet is once again making waves in Malaysia’s aviation landscape with the introduction of its new daily service between Kuala Lumpur and Hanoi, Vietnam’s capital, starting 28 November 2024. This eagerly awaited connection between the two countries marks a pivotal moment for leisure and business travellers, further enhancing the growing cultural, economic, and tourism ties across the wider region. The new route will operate daily, with flight VJ906 from Kuala Lumpur International Airport (KUL) to Hanoi's Noi Bai International Airport (HAN) departing at 12:40 PM (local time). The return flight, VJ905, will leave Hanoi for Kuala Lumpur at 7:20 AM (local time). The flights will be serviced by Airbus A320 aircraft, providing passengers with a comfortable and efficient flying experience. Tickets are now available for purchase through www.vietjetair.com, the Vietjet Air mobile app, and official agents wor...
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Vietjet Strengthens Ties with France Through Airbus Aircraft Delivery and Multi-Billion Engine Deal
Vietjet Air marked two key milestones in its ongoing collaboration with France during the state visit of Vietnam’s General Secretary and President To Lam. The airline celebrated the delivery of a new Airbus A321neo featuring a commemorative design for the 50th anniversary of Vietnam–France diplomatic relations, and signed a US$8 billion (approx. RM 34.31 billion) agreement with CFM International for more than 400 LEAP-1B engines. Vietjet Receives Airbus Aircraft Marking 50 Years of Vietnam–France Ties At Orly Airport in Paris, Vietjet welcomed the latest addition to its fleet - an Airbus A321neo featuring the symbol of the 45th anniversary of Vietnam-France diplomatic relations. The ceremony was attended by high-level representatives from both countries, including President To Lam, and French officials. Vietjet Chairwoman Nguyen Thi Phuong Thao, said: “Vietjet aircraft showcasing the symbol of 50 years of Vietnam–France diplomatic relations marks a milestone in the development of econo...
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Vietjet and Castlelake exchange MOU for four Airbus aircraft valued at US$560 million
Vietjet and Castlelake, a global alternative investment manager specialising in asset-based investing with nearly 20 years of experience in aircraft investment, leasing, and servicing, have exchanged a Memorandum of Understanding (MOU) to finance the airline’s four aircraft valued at US$560 million (approx. RM2.37 billion). The event took place during the Vietnam-Ireland Business Forum in Dublin in the presence of Vietnam’s General Secretary and State President To Lam. As part of the MOU, Castlelake intends to provide financing for four new, modern Airbus A321neo aircraft under Vietjet’s existing order with Airbus. These aircraft are scheduled for delivery within 2024. This arrangement follows a financing agreement completed in 2023 for three Airbus A321neo aircraft and serves as a foundation for future cooperation on financing agreements to support Vietjet’s rapidly growing fleet. “Castlelake is pleased continue building its relationship with Vietjet and to support Vietjet’s mission t...
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Vietjet and Honeywell's agreement: A milestone for greener and cleaner aviation
Vietjet and U.S.-based Honeywell Aerospace Technologies have exchanged a cooperation agreement to provide avionics and aviation technical services for Vietjet’s modern and fuel-efficient fleet. The event took place in the presence of Vietnam’s Party General Secretary and State President To Lam during his working visit to the United States. The agreement, exchanged by Vietjet Chief Executive Officer Dinh Viet Phuong and Joseph Vitulli, a representative of Honeywell Aerospace Technologies, marks a significant step in Vietjet's ongoing efforts to modernise its fleet. The airline will implement Honeywell’s avionics and APU (Auxiliary Power Unit) maintenance programmes on its new-generation wide-body A330neo and new narrow-body aircraft. The agreement also includes Honeywell Flight Efficiency, a solution that will provide emission reduction and fuel-efficiency monitoring across Vietjet’s entire fleet. Vietjet Chief Executive Officer Dinh Viet Phuong said: “Today’s agreement represents a...
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Vietjet slashes Deluxe fares by up to 50% for flights across Asia-Pacific
Exciting news for Malaysian travellers! Vietjet is offering up to 50% discounts on Deluxe fares across its entire flight network, covering Vietnam and the Asia-Pacific region. The booking time and travel dates are valid until 20 November 2024. With fares starting from just RM450 (one-way, all-in price), travellers can enjoy a premium experience that includes up to 20kg of free checked baggage, free seat selection, and free flight schedule changes (terms and conditions applied). Tickets are available for booking on www.vietjetair.com , the Vietjet Air app, or through authorised agents and offices worldwide. For those flying from Vietnam to Melbourne, Sydney, or Brisbane, Deluxe fares come with 40kg of checked baggage, 10kg of carry-on luggage, and a meal combo with a drink. On other routes, passengers enjoy 20kg of checked baggage and 7kg of carry-on luggage. Plus, Vietjet’s SkyJoy members earn up to 1,000 SkyPoints for transactions over VND1,000,000 (approx. RM173), which can be redeem...
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Vietjet Expands Flights to Taiwan and Hong Kong with Exclusive Promotions for Autumn Getaways
Vietjet is enhancing its flight network between Vietnam and Taiwan, Hong Kong, significantly increasing flight frequency from 27 October 2024. Alongside these expansions, travellers can enjoy exciting promotions to plan their autumn and year-end holidays. In Taiwan, new daily flights will be introduced on routes connecting Hanoi and Ho Chi Minh City with Taipei, resulting in two round-trip flights per day on each route. Vietjet will also expand services from Hanoi, Ho Chi Minh City, and Phu Quoc to Taichung and Kaohsiung, with daily operations on each route. With these changes, Vietjet will operate 81 round-trip flights per week across 9 routes between Vietnam and Taiwan, up from the current 46. The Da Nang-Hong Kong route will move to daily operations, up from four weekly flights, while the Phu Quoc-Hong Kong service will also shift to daily flights, bringing the total number of weekly flights between Vietnam and Hong Kong to 18, up from the current 11. These expansions further broade...
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Vietjet’s H1/2024 financial results show exceptional revenue and profit growth amid rapid expansion
Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its audited financial statement for the first half of 2024 (H1/2024), reporting strong growth in revenue and profit year-over-year (YoY). According to the report, Vietjet’s air transport revenue reached VND33.862 trillion (approx. RM5.98 billion) in the first six months of 2024, slightly higher than the compiled financial statements. Pre-tax profit was recorded at VND1.166 trillion (approx. RM205.79 million), marking a remarkable increase of 688% YoY. The airline reported H1/2024 consolidated revenue of VND34.030 trillion (approx. RM6 billion) and consolidated pre-tax profit of over VND1 trillion (approx. RM176.49 million), representing YOY increases of 15% and 307%, respectively. As of June 30, 2024, Vietjet's total assets exceeded VND92.205 trillion (approx. RM16.273 billion). The debt-to-equity ratio remained at around 2.16, compared to a global average of 5. Its liquidity ratio stood at 1.39, which is within a favour...
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Vietjet triumphs with double wins at the World Travel Awards 2024
Asia's Leading Airline for Customer Experience 2024 and Asia’s Leading Airline Rewards Programme 2024 Vietjet has once again achieved dual victories at the 2024 World Travel Awards, securing two prestigious titles: "Asia's Leading Airline for Customer Experience" and "Asia's Leading Airline Rewards Programme". This year’s gala ceremony, held in the enchanting capital of the Philippines, Manila, saw the attendance of global leaders and experts from the aviation, travel, and tourism industries. For over three decades, the World Travel Awards (WTA) has globally acknowledged, rewarded, and celebrated excellence across all sectors of the travel, tourism, and hospitality industries. The annual awards are determined by votes from qualified executives within these fields, as well as consumer travel buyers around the world, recognising businesses with the most outstanding product offerings. Graham Cooke, Founder of World Travel Awards, said: “We commend Vietjet f...
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Vietjet to receive up to 10 new aircraft by year-end
Amidst a global aviation market facing shortages and rising travel demand, Vietjet is expected to take delivery of up to 10 brand-new aircraft by the end of 2024. This expansion will further bolster the airline’s leading modern fleet, aligning perfectly with its development goals and enhancing passenger experiences across its extensive network of both domestic and international routes. Most of the new aircraft, scheduled for delivery from August 2024, are the latest A321neo ACF (Airbus Cabin Flex) model from Airbus. In 2019, Vietjet became the world’s first carrier to operate the ACF model. The A321neo ACF features an improved cabin design, ensuring standard seat dimensions and spacing, offering an enhanced in-flight experience for passengers. These aircraft also provide at least 16% fuel savings, reduce noise by up to 75% and have less emissions by 50%. Recently, Vietjet placed a firm order with Airbus for 20 new-generation wide-body A330neo (A330-900) aircraft, valued at $7.4 billion...
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Vietjet honoured among Vietnam’s top 50 sustainable companies for green transition initiatives
Vietjet has been proudly recognised in the Top 50 Sustainable Companies Award 2024 by Nhip Cau Dau Tu, Vietnam’s leading business magazine, for its steadfast commitment to sustainability both in the sky and on the ground, alongside other leading Vietnamese enterprises such as FPT, Masan Group, and Vinamilk. This year, Vietjet has received accolades in two significant categories, namely “Outstanding Sustainable Transport” and “Human Resource Strategy for Sustainable Development.” These honours highlight Vietjet’s exceptional achievements in sustainable development, green transition, and low-carbon strategies, as well as its effective human resources management. Vietjet has actively pursued environmental protection and sustainable development since its establishment, aiming to achieve net-zero emissions by 2050. As a frontrunner in green transition initiatives, the airline operates a modern, eco-friendly fleet that reduces fuel consumption by up to 20%, thus lowering emissions. It has al...
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Vietjet awarded ‘Best Ultra Low-Cost Airline’ and ‘Best Low-Cost Airline Onboard Hospitality’ in 2024
Vietjet has been named ‘the Best Ultra Low-Cost Airline’ and ‘the Best Low-Cost Airline Onboard Hospitality’ for 2024 by AirlineRatings.com, the world’s renowned airline safety and product rating website. Having been awarded with major international awards for years, Vietjet is recognised by AirlineRatings for its dedication to affordable air travel, innovation, diversified services, and its great value in-flight offering. The airline continues to grow its fleet of A330s and A321, and expand its flight network, making air travel accessible to everyone. Vietjet is also known for its pioneering and revolutionary low-cost model products, including a Business-class service that offers top-tier experiences for passengers. Geoffrey Thomas, Airlineratings.com Editor-in-Chief said: “Vietjet is extremely clever in its marketing and has amazing fares but behind the scenes is a very smart and serious business plan that brings affordable travel to millions. The airline has a very modern fleet of A...
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Vietjet Gears Up for Peak Summer Travel with 1.4 million Seats and New International Routes
Four new international routes including Phu Quoc - Taichung/Kaohsiung and Hanoi - Melbourne/Sydney to be opened in June Vietjet is ramping up its domestic routes by 35% and increasing night flights by 46% to meet the upcoming summer travel surge. Next month, the airline will also launch four new non-stop routes, connecting Vietnam’s beloved tourist hub, Phu Quoc Island to Taichung and Kaohsiung, and from Hanoi to Melbourne and Sydney. In response to the increased demand, Vietjet is offering an additional 1.4 million domestic tickets across destinations in Vietnam, reflecting a 35% increase in supply. The airline has enhanced flight frequencies on existing routes to and from key travel hubs such as Hanoi, Ho Chi Minh City, Da Nang, and Nha Trang, while also inaugurating new routes between provincial Vietnamese cities. Furthermore, Vietjet has expanded its night flight services by 46%, now totaling 3,100 overnight services. These flights connect from hubs like Hanoi, Ho Chi Minh City, an...
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Vietjet reaches a new milestone as the sole airline offering direct flight between Hanoi and Hiroshima
The new service also marks the first international service launched from Hiroshima Airport after the global pandemic Consul General of Vietnam in Fukuoka Vu Chi Mai (3rd, right), Governor of Hiroshima Prefecture Yuzaki Hidehiko (4th, right), Vietjet Vice President Nguyen Duc Thinh (5th, right) and President and Representative Director of Hiroshima International Airport Yasuhiro Nakamura (5th, left) together with other delegates on stage for Kagami biraki ceremony to launch the first flight linking Hiroshima with Hanoi. Vietjet is proud to announce the inauguration of a direct route linking Vietnam's capital city, Hanoi, with Japan's enchanting city of Hiroshima. This milestone marks the airline's eighth route between the two countries and establishes the only direct air link between Hiroshima and Hanoi. With this new service, travellers can now look forward to a seamless travel experience and shorter travel times, increasing convenience for those journeying between these tw...
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Vietjet targets 27 million passengers and a 25% dividend payout after a strong performance in Q1 2024
Vietjet Aviation Joint Stock Company (HoSE: VJC) has concluded its 2024 General Meeting of Shareholders (GMS) and approved the business plan for 2024. The airline aims to maintain its leading position in the domestic market while further expanding its international flight network. The airline has also achieved remarkable results in Q1/2024, paving the way for a successful year ahead. High growth targets for 2024 Vietjet sets sights on surpassing VND 59 trillion (approx. RM 11.11 billion) in air transport revenue and VND 65.5 trillion (approx. RM 12.33 billion) in consolidated revenue for 2024, anticipating 10% and 12.4% year-on-year growth respectively. The airline is expected to safely operate 142,000 flights with more than 27.4 million passengers onboard. Vietjet’s Board of Directors also approved the 2024 profit distribution plan, in which dividends and advanced dividends will be paid in cash and stock at a maximum ratio of 25%. With its leading market share in the region, Vietjet a...
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Vietjet's Real Deals: Prepare for Unforgettable Journeys to Vietnam and Beyond
Get ready for an extraordinary celebration as Vietjet Air presents "Real Deal to New Me", a massive offering of one million Eco tickets and up to a fantastic 50% discount on Business tickets for all domestic and international routes. From 15-21 April 2024, travellers can seize the golden opportunity to secure millions of Eco tickets priced from RM120 all-in for flights across Vietnam and to international destinations. Bookings can be made at www.vietjetair.com or through the Vietjet Air mobile app, with travel dates available from 1 September to 31 October 2024 (*). Customers can elevate their journey with Vietjet's premier Business tickets and enjoy exclusive benefits. From 15 to 30 April 2024, book Business tickets and receive an incredible 50% discount by using the BU50 code for direct flights between Vietnam and India or Australia. For other direct and connecting flights spanning Vietnam and international destinations, apply the BU30 code to secure an amazing 30% disc...
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Vietjet Introduces New China Service, Connecting Ho Chi Minh City with Xi’an
The anticipation grows as Vietjet expands its flight network between Vietnam and China, building on the success of its earlier launches of Shanghai and Chengdu services this year. Pioneering the route, Vietjet is now the first airline to offer direct flights connecting Vietnam’s economic hub, Ho Chi Minh City, with China’s ancient capital, Xi'an. This non-stop service provides travellers with increased options, reduced travel time, and cost savings. Commencing on 29 April 2024, the Ho Chi Minh City – Xi'an route will operate four return flights per week. Flights from Ho Chi Minh City to Xi'an will depart every Monday, Wednesday, Friday, and Sunday at 20:05 (local time), arriving at Xi'an Xianyang International Airport at 01:30 the following day (local time). Return flights from Xi'an to Ho Chi Minh City will depart every Monday, Tuesday, Thursday, and Saturday at 02:30 (local time), landing in Ho Chi Minh City at 06:25 (local time). Malaysian passengers now have add...
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Vietjet’s 2023 audit report: robust growth in international flight network with air transport revenue of RM10.24 billion
Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its audited financial statements for 2023, showcasing significant growth throughout the year. The audited separate air transport revenue and consolidated revenue were reported at VND53.7 trillion (approx. RM10.24 billion) and VND58.3 trillion (approx. RM11.11 billion) respectively, marking a 62% and 45% year-on-year increase respectively. Notably, the company recorded a pre-tax air transport profit turnaround and consolidated profit of VND471 billion (approx. RM89.79 million) and VND606 billion (approx. RM115.52 million) respectively. Ancillary and cargo revenue totaled nearly VND21 trillion (approx. RM4 billion), surpassing previous financial statements and increasing by over 60% year-on-year, accounting for 39% of the total air transport revenue. As of 31 December 2023, Vietjet's total assets exceeded VND86.9 trillion (approx. RM16.57 billion). The company's debt-to-equity ratio stood at 2, well below the typical g...
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A Billionaire’s Dream: Bridging Vietnam with the World
The female billionaire Nguyen Thi Phuong Thao has shown that with talent, hard work and a bold heart to dream and make dreams come true, any woman can break the glass ceiling and contribute to the development of their homeland. The Dream of Vietjet Air Few people are aware that Vietjet, a private airline, originated from a question full of aspirations from a poor ethnic mother of a revolutionary family in a mountainous area: "Please tell me how many tons of rice does it take to buy an airplane ticket?" This seemingly simple question made businesswoman Nguyen Thi Phuong Thao realise the burning desire of the majority of Vietnamese people: to set foot on an airplane, travel across the country, explore the world, and beyond that, to change their lives and connect Vietnam with the world. The meeting with the poor mother from the highlands swayed the mind of Vietjet’s founder from her original idea of building a five-star airline to one that everyone can afford and enjoy flying wi...
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