Vietjet flew 14 million passengers in 2016, amassing over USD1.21 billion in revenue

Hong Kong, February 16, 2017 – Vietjet continued to post positive growth through 2016 with a revenue of VND27,532 billion (USD1.21 billion) and a profit of VND2,394 billion (USD105 million). With its commitment to tapping the increasing demand for air-travel, the airline also achieved a load factor of 88.9% with more than 14 million passengers carried, greatly contributing to the development of Vietnam’s aviation industry and economic growth in Vietnam in the process.  Vietjet’s operational side also registered a high performance in terms of safety and reliability compared to other airlines in the Asia-Pacific region. It operated a total of 84,535 flights accounting for 121,213 flight hours last year. The airline’s technical reliability stood at 99.56%, the highest rate obtained to date by any airline operating A320/A321 in the region. On-time performance for the year stood at 83.6%. The airline’s training center, which opened in early 2015, has so far trained 8,287 staff and  provided 655 training courses for a total of 25,249 training hours with 3,351 certificates issued, all of which guaranteeing the development of Vietjet’s international standard and professional expertise that will oversee the airline's steady and sustainable growth. In 2016, Vietjet continued to increase flight frequency for domestic flights while also constantly expanding its international network. The airline currently operates 63 routes (37 domestic and 26 international) with a fleet of 45 new and modern aircraft aged 3.3 years old on average.