According to the business results report for the first quarter of 2023, Vietjet's air transportation revenue reached VND 12,880 billion. Profit after tax reached VND 168 billion, up 286% and 320%, respectively, over the same period in 2022. , ancillary activities reached VND 4,312 billion, contributing more than 33% of total revenue.
Read more: VietJet Air
Regarding the consolidated business results, the company recorded revenue and profit after tax of VND 12,898 billion and VND 173 billion, respectively.
In the first three months of the year, Vietjet operated 31,300 flights, transporting nearly 5.4 million passengers, up 57% and 75%, respectively, compared to the first quarter of 2022. The airline's flights also achieved an average seat occupancy factor of 85%, and technical reliability reached 99.59%.
In the first quarter, the total volume of transported goods reached more than 14,800 tons, up 20% over the same period in 2022.

Vietjet leaders welcome passengers of the flight connecting Ho Chi Minh City with Melbourne (Australia) - one of the new international routes launched by the airline in the first quarter of 2023. Photo: Quang Nguyen

Read more: Vietjet to launch HCMC-Melbourne service in late March
International passenger transport continues to be a bright spot, contributing nearly 45% of total passenger transport revenue, accounting for 30% of flights and passengers.As of March 31, Vietjet's total assets reached more than VND 69,200 billion. One-time debt-to-equity ratio. Liquidity index 1.3 times. Both are at a safe level in the aviation industry. Vietjet has contributed taxes and fees directly and indirectly in the first quarter of 2023 of VND 1,053 billion.
According to Vietjet, the above results come from the business strategy launched by the company in line with the post-pandemic economic development. In the first quarter of 2023, the unit opened ten new routes, including four domestic and six international. The total number of current ways is increased to 105, with 55 domestic and 50 international.
At the beginning of this year, Vietjet increased many flights on routes connecting Hanoi and Ho Chi Minh City with localities, meeting the needs of people to return to their hometowns. At the same time, the airline also increased flights to tourist destinations.

International passenger transport continues to be a bright spot, bringing high revenue to Vietjet in the first 3 months of the year. 

Vietjet is also one of the pioneering Vietnamese airlines to open new international routes to India, Kazakhstan, and Australia. At the same time, the airline also exploits new destinations in significant markets such as Japan, Korea, Thailand, etc., attracting investment and tourism.2023 is predicted to be the year of growth for aviation and tourism. Accordingly, Vietjet has set many big goals, aiming for higher results in the following quarters and the whole year of 2023.
Also read: Vietjet resumes direct flights from Dalat, Can Tho to South Korea
Besides stably exploiting the domestic market, the company aims to focus on developing strength in the international market this year. At the same time, Vietjet researches and invests in exploiting more potential routes, maintaining its position as one of the pioneer airlines in opening new avenues. The airline plans to increase its fleet to 87 aircraft, operate 139,513 flights, and transport 25.7 million passengers in 2023.
Not only providing aviation services, but Vietjet also aims to provide consumer services on an e-commerce platform, with a complete focus on technology programs, promoting digital business, and meeting customer needs.

Forecasting that aviation and tourism will grow strongly in 2023, Vietjet sets many big goals to aim for higher results in the year. 

Read more: Vietjet to launch Hanoi-Phuket air service
Vietjet resumes operations of some int’l air routes
In the first three months of the year, Vietjet continuously launched many new products and services to improve the customer experience. This includes Skyboss Business and the Skyjoy loyalty program. Both received many positive feedbacks from the majority of passengers.Currently, the number of customers using Skyboss Business products is gradually increasing on flights. The SkyJoy program also has more than 3 million members. In addition, Vietjet also focused on implementing and implementing optimization programs, controlling operating costs, and helping the airline achieve positive profit results in the first quarter of 2023.