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Vietjet Reports Robust Growth and Major Fleet Orders in First Half of 2025

Vietjet Reports Robust Growth and Major Fleet Orders in First Half of 2025

Alexandra Dimitriou, GetBoat.com
by 
Alexandra Dimitriou, GetBoat.com
5 minutes read
News
October 24, 2025

Vietjet Reports Impressive Growth in H1 2025

The Vietnamese low-cost airline Vietjet Aviation Joint Stock Company has reported significant progress in its financial and operational performance for the first six months of 2025. This growth reinforces its rising status among global carriers, highlighting Vietnam’s growing importance in the international aviation landscape.

During this period, Vietjet generated approximately US$1.35 billion in air transport revenue, achieving a pre-tax profit close to US$60.71 million, a notable 37% increase compared to the previous year. Consolidated revenue neared US$1.36 billion with pre-tax profits exceeding US$62.65 million, reflecting a remarkable 65% year-on-year surge.

Operational achievements include executing 79,000 flights and transporting over 14.4 million passengers. The airline contributed more than US$171.82 million in taxes and fees while maintaining solid financial health, with liquidity levels robust and consolidated assets topping US$4.25 billion.

Fleet Investment and Global Orders

Vietjet is aggressively growing its fleet to support its expansion ambitions. Earlier this year, the airline placed a significant order of 20 Airbus A330neo aircraft, doubling its total A330neo commitments to 40, positioning Vietjet as the largest A330neo customer worldwide.

At the 2025 Paris Air Show, Vietjet secured a historic agreement for 100 A321neo aircraft with an additional 50 purchase options. This deal stands as the industry’s largest single order, vaulting Vietjet into the top 10 global airlines by aircraft orders.

Complementing this, a contract with Rolls-Royce was finalized for 40 Trent 7000 engines, powering 20 wide-body Airbus A330neos. This brings the total Trent 7000 engine order count to 80, underscoring Vietjet’s commitment to modern and efficient aircraft technology.

The Long Thanh Expansion

Aligned with Vietnam’s burgeoning aviation sector, Vietjet officially started construction on its Aircraft Maintenance Technical Center at Long Thanh International Airport, which is currently under development. This facility will occupy Hangars 3 and 4 and, when fully operational, will be capable of servicing up to ten aircraft simultaneously to meet international standards.

To enhance passenger experience and operational efficiency, Vietjet has implemented self-service ground operations across major airports, streamlining processes and elevating the quality of service delivered to travelers.

Brief Historical Context of Vietjet and Vietnam’s Aviation Sector

Since its inception, Vietjet has steadily transformed Vietnam’s domestic and international air travel options by offering affordable flights and expanding route networks. Established as a low-cost carrier, it challenged traditional airlines by making air travel accessible to a broader segment of the population, thereby stimulating tourism and business connectivity.

Vietnam’s aviation industry, historically smaller compared to regional giants, has seen rapid modernization and growth over the past two decades. This growth ties closely to the country’s economic expansion, rising middle class, and increasing demand for international travel.

Investment in infrastructure projects like Long Thanh International Airport signals Vietnam’s vision to become a major aviation hub in Asia, accommodating increasing passenger traffic and providing comprehensive maintenance and operational facilities.

Looking Ahead: Impact on Tourism and Aviation

The positive growth and fleet expansion of Vietjet are expected to boost the accessibility of Vietnam as a travel destination. Enhanced connectivity, reduced travel costs, and improved infrastructure encourage both leisure and business travelers, fostering tourism and international trade growth.

The introduction of advanced aircraft such as the Airbus A330neo and A321neo will improve route efficiency and passenger comfort, making flying to and within Vietnam more attractive. Additionally, service enhancements like self-check-in kiosks contribute to smoother passenger experiences, encouraging repeat travel.

Summary Table: Key Figures for Vietjet H1 2025

Metric Value Year-on-Year Growth
Air Transport Revenue US$1.35 billion 37%
Pre-tax Profit (Air Transport) US$60.71 million 37%
Consolidated Revenue US$1.36 billion 65%
Pre-tax Profit (Consolidated) US$62.65 million 65%
Flights Operated 79,000
Passengers Carried 14.4 million
Assets US$4.25 billion

Key Takeaways

  • Strong financial growth cements Vietjet’s role as a major Asian low-cost airline.
  • Extensive fleet orders reflect ambitious expansion plans.
  • Investment in maintenance infrastructure at Long Thanh links to Vietnam’s aviation sector growth.
  • Passenger experience improvements emphasize operational efficiency.
  • Vietnam’s aviation growth is a catalyst for enhancing regional tourism and connectivity.

Vietjet’s aggressive development not only impacts the future of air travel in Vietnam but also plays a significant role in shaping travel experiences across Southeast Asia. With substantial fleet modernization and infrastructure investments, the airline is poised to drive increased passenger flows, likely stimulating related sectors including tourism, hospitality, and even regional boating activities around Vietnam’s coastal and gulf areas.

For travelers looking to explore Southeast Asia’s stunning water destinations, efficient air connectivity like that provided by Vietjet opens up new opportunities to discover beaches, islands, and marinas. Couple that with sailing or yacht charter options in the region’s vibrant coastal hubs, and an adventurous, seamless travel experience awaits.

For those interested in the marine side of Southeast Asian tourism, services such as GetBoat.com provide excellent platforms to rent yachts, boats, and other watercraft, complementing the aerial journey with exciting sea adventures. This blend of air travel and boating makes for a comprehensive and exhilarating travel experience in regions serviced by expanding carriers like Vietjet.