Spread the love

Vietjet has reported a 41% increase in consolidated revenue for the first nine months of 2026, as it continues to expand its international network, including three new routes across South and Southeast Asia. The airline will commence new direct connection between Western Sydney and Ho Chi Minh City in January 2027.

Vietjet has opened bookings for new services connecting Hanoi with Colombo, Sri Lanka, and the Maldives via Colombo, as well as Da Nang with Jakarta, Indonesia. The new routes will offer travellers more options across the region, supporting tourism, trade and business connections.

The expansion comes ahead of Vietjet’s Ho Chi Minh City–Western Sydney service, scheduled to launch in January 2027, further strengthening the airline’s presence in the Australian market.

Vietjet launched Hanoi - Prague (via Almaty) service

Strong financial performance

In the third quarter of 2026, Vietjet’s consolidated revenue reached VND22.849 trillion (approx. US$886 million), up 35% year-on-year. Net profit after tax reached VND348 billion (approx. US$13.5 million).

For the first nine months of 2026, the airline recorded consolidated revenue of VND74.385 trillion (approx. US$2.88 billion), up 41% year-on-year and achieving 86% of its full-year target. Net profit after tax for the same period reached VND1.721 trillion (approx. US$66.7 million), representing 82% of its full-year target.

These results reflect strong performance across passenger services, cargo, ancillary revenue and aircraft financing operations, highlighting the breadth of Vietjet’s aviation business.

During the first nine months of 2026, Vietjet operated 111,700 flights, carrying more than 20.7 million passengers and over 58,000 tonnes of cargo. Its network grew to 223 routes, comprising 176 international and 47 domestic routes, connecting key economic, tourism and trade hubs.

As of September 30, 2026, Vietjet’s total consolidated assets reached VND152.8 trillion (approx. US$5.9 billion). The airline maintained sound financial indicators, with a net debt-to-equity ratio of 2.4x and a liquidity ratio of 1.38x.

Three new international routes

Vietjet continues to strengthen its international network, connecting Vietnam with key destinations across Asia, Europe and Australia.

The airline has opened bookings for three more new international routes. The new services include:

  • Hanoi–Colombo (Sri Lanka): commencing 9 February 2027, with three return services per week.
  • Hanoi–Maldives (via Colombo): commencing 9 February 2027, with three return services per week.
  • Da Nang–Jakarta (Indonesia): commencing 20 December 2026, with four return services per week.

Vietjet will also operate Ho Chi Minh – Maldives route via Colombo starting December 2026. The new routes will give travellers greater choice when planning holidays across the region, from the beaches and island resorts of the Maldives to Sri Lanka’s cultural attractions and Indonesia’s vibrant capital.

Vietjet has also expanded its long-haul network with services from Hanoi to Almaty, Kazakhstan, and Prague, Czech Republic, strengthening connections between Southeast Asia, Central Asia and Europe.

Strengthening connections between Australia and Vietnam

Vietjet’s new Ho Chi Minh City–Western Sydney service will connect Vietnam’s largest city with Western Sydney International (Nancy-Bird Walton) Airport, providing another direct travel option between Vietnam and the Sydney region.

The service will initially operate twice weekly from January 2027. It will complement Vietjet’s existing Australian network, which connects Vietnam with Sydney, Melbourne, Brisbane and Perth.

Alongside its network expansion, Vietjet continues to invest in technology and international partnerships, including its collaboration with Starlink, part of SpaceX, to introduce high-speed satellite internet onboard and enhance the passenger experience.

As Vietjet continues to grow its international operations, the airline remains focused on expanding travel options, strengthening global connectivity and improving the passenger experience across its network.