{"id":275858,"date":"2026-11-05T06:15:00","date_gmt":"2026-11-04T23:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=275858"},"modified":"2026-11-04T20:43:49","modified_gmt":"2026-11-04T13:43:49","slug":"vietjet-reports-year-on-year-revenue-growth","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2026\/11\/vietjet-reports-year-on-year-revenue-growth\/","title":{"rendered":"Vietjet reports year-on-year revenue growth"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">SINGAPORE, 5 November 2026: Vietjet reported strong financial performance for the first nine months of 2026, with consolidated revenue up 41% year-on-year, as the airline continues to accelerate its international network expansion, invest in fleet development, and strengthen long-term operational capabilities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The airline has also opened bookings for three new international routes connecting Hanoi with Colombo (Sri Lanka) and the Maldives via Colombo, as well as Da Nang with Jakarta (Indonesia), further expanding connectivity across South and Southeast Asia.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"389\" src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59-600x389.png\" alt=\"\" class=\"wp-image-275860\" style=\"aspect-ratio:1.5396419437340154;width:490px;height:auto\" srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59-600x389.png 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59-300x195.png 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59-768x498.png 768w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59-696x452.png 696w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59-1068x693.png 1068w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59-647x420.png 647w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/11\/image-59.png 1504w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\"><em>Photo credit: Vietjet.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">For travellers from Singapore, Vietjet currently operates direct flights to Ho Chi Minh City, Hanoi, Da Nang, and Phu Quoc, with a new service to Nha Trang set to launch on 11 December 2026. Together with the airline\u2019s expanding international network, these connections offer Singapore-based travellers more opportunities to explore destinations across Vietnam and beyond.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strong financial performance<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the third quarter of 2026, Vietjet\u2019s consolidated revenue reached VND22.849 trillion (SGD1.13 billion), up 35% year-on-year, while net profit after tax reached VND348 billion (approx. SGD17.3 million).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the first nine months of 2026, the airline recorded consolidated revenue of VND74.385 trillion (SGD3.68 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 (SGD85.3 million), representing 82% of its full-year target.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the first nine months of 2026, Vietjet operated 111,700 flights, transported more than 20.7 million passengers, and carried over 58,000 tonnes of cargo. Its network expanded to 223 routes, comprising 176 international and 47 domestic routes, connecting key economic, tourism, and trade hubs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of 30 September 2026, Vietjet\u2019s total consolidated assets reached VND152.8 trillion (SGD7.55 billion). The airline maintained sound financial indicators, with a net debt-to-equity ratio of 2.4x and a liquidity ratio of 1.38x.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Expanding international connectivity&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Vietjet continues to strengthen its international network, connecting Vietnam with key destinations across Asia, Europe, and Australia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The airline has opened bookings for three more new international routes. The Hanoi\u2013Colombo and Hanoi\u2013Maldives routes, with the latter operated via Colombo, are scheduled to commence operations on 9 February 2027, each with three round-trip flights per week on Tuesdays, Thursdays, and Saturdays. The Da Nang\u2013Jakarta route will launch earlier, on 20 December 2026, with four round-trip flights per week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These additions further strengthen Vietnam\u2019s position as a regional travel hub, offering Singapore-based travellers more options to explore destinations across South and Southeast Asia via Vietjet\u2019s existing connections.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond South and Southeast Asia, Vietjet has launched long-haul services from Hanoi to Almaty, Kazakhstan, and Prague, Czech Republic, expanding connectivity between Southeast Asia, Central Asia, and Europe. The airline has also announced a new Ho Chi Minh City\u2013Western Sydney route, scheduled to launch in January 2027, further strengthening its presence in Australia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>(Source: Vietjet)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, 5 November 2026: Vietjet reported strong financial performance for the first nine months of 2026, with consolidated revenue up 41% year-on-year, as the airline continues to accelerate its international network expansion, invest in fleet development, and strengthen long-term operational capabilities. The airline has also opened bookings for three new international routes connecting Hanoi with [&hellip;]<\/p>\n","protected":false},"author":45,"featured_media":275860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[469,17],"tags":[],"class_list":["post-275858","post","type-post","status-publish","format-standard","has-post-thumbnail","category-airlines","category-vietnam"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vietjet reports year-on-year revenue growth - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2026\/11\/vietjet-reports-year-on-year-revenue-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vietjet reports year-on-year revenue growth - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 5 November 2026: Vietjet reported strong financial performance for the first nine months of 2026, with consolidated revenue up 41% year-on-year, as the airline continues to accelerate its international network expansion, invest in fleet development, and strengthen long-term operational capabilities. 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