Vietjet says it saw ‘robust H1 2026 growth’

Vietjet says it saw strong financial and operating results for the second quarter and first half of 2026. Growth was driven by resilient travel demand, Vietjet’s continued international expansion and long-term investment in more than 600 next-generation aircraft on order, one of the largest in the Asia-Pacific region. In the second quarter of 2026, Vietjet recorded separate revenue of VND25.542 trillion (approx. US$972 million) and consolidated revenue of VND30.499 trillion (approx. US$1.16 billion), representing year-on-year increases of 44% and 71%, respectively. Separate and consolidated after-tax profit stood at VND204 billion (approx. US$7.77 million) and VND349 billion (approx. US$13.3 million), respectively. For the first six months of 2026, Vietjet recorded separate revenue of VND45.030 trillion (approx. US$1.71 billion) and consolidated revenue of VND51.536 trillion (approx. US$1.96 billion), representing year-on-year increases of 26% and 44%, respectively. The results fulfilled 58.5% and 59.4% of the respective full-year targets. Separate and consolidated after-tax profit for the H1 2026 reached VND1.126 trillion (approx. US$42.6 million) and VND1.372 trillion (approx. US$52.2 million), respectively, achieving 55.9% and 64.5% of the respective full-year targets. As of June 30, 2026, Vietjet’s total assets stood at VND149.093 trillion (approx. US$5.68 billion). Its net debt-to-equity ratio was maintained at 2.37 times, while the liquidity ratio was 1.36 times, remaining within safe operating levels for the aviation industry. Vietjet operated nearly 33,000 flights and carried more than 6.2 million passengers in Q2/2026. For the first six months, the airline operated 72,000 flights and transported more than 13.4 million passengers, while total cargo volume reached nearly 41,000 tonnes. The airline currently operates 213 routes, comprising 46 Vietnam domestic and 167 international services. During the first half of the year, Vietjet announced new international routes connecting Vietnam with China, Sri Lanka, Kazakhstan and the Czech Republic, further expanding its presence across Asia and Europe. Beyond passenger transport, Vietjet’s AirportNEO commenced ground handling operations at major airports across Vietnam, while the airline expanded its air cargo and international-standard training activities and prepared its MRO unit for operation. Together, these developments strengthen Vietjet’s integrated aviation value chain and support its long-term competitiveness and sustainable growth. Vietjet Thailand accelerated its network expansion and improved operational efficiency with its modern Boeing 737-8 fleet, while Vietjet Qazaqstan delivered positive network performance, supporting connectivity and economic development in Central Asia. Vietjet continues to invest in an order book of more than 600 Airbus and Boeing aircraft, one of the largest in the Asia-Pacific region, to support its international expansion and global network development towards 2030. Earlier this year, Vietjet finalised agreements with Pratt & Whitney for GTF engines to power 44 Airbus A320neo-family aircraft and arranged financing for 12 Boeing 737-8 aircraft. At the Singapore Airshow 2026, Vietjet and its partners announced the launch of the Asia-Pacific Aviation Financial Center, an initiative designed to attract leading financial institutions and aviation companies to Vietnam and support the country’s ambition to become a regional aviation hub. ACC Aviation delivers strong Q2 2026 ACC Aviation reported strong second-quarter results for its air cargo charter division, marking a profitable first full quarter under dedicated cargo leadership since Jack Burt’s appointment as SVP of Cargo in April. Over the course of Q2 2026, ACC Aviation coordinated a series of large-scale Boeing 747-400F widebody charter missions spanning three continents, executing complex, time-critical operations for clients in oil and gas, aerospace, and defense sectors. The results combined disciplined cost management with efficient deal structures, which made a positive contribution to ACC Aviation’s overall group performance, validating the company’s investment in building a dedicated cargo charter capability. Among the quarter’s landmark operations: Houston, TX → Saudi Arabia: Urgent oilwell drilling supplies and critical downhole equipment, mobilized for active field operations, aboard a Boeing 747-400F. Europe → Canada: High-value aerospace manufacturing components and precision systems requiring specialized handling and temperature-controlled transport. United States → Europe: Defense-related cargo and priority military support equipment, moved under stringent security and compliance protocols. Each mission required close coordination with aircraft operators, ground handling agents, customs authorities, and end-clients across multiple time zones, and regulatory jurisdictions which were delivered on time, on specification, and in full. According to Burt, recent assignments have highlighted non-negotiable cargo urgency, security and precision which are indicative of the added value and peace of mind that ACC Aviation brings to customers’ cargo operations. “When a client calls us with an urgent mission, whether it’s drilling equipment headed to an active oilfield in the Middle East or sensitive defence cargo bound for Europe, they need absolute confidence in execution,” said Jack Burt, SVP of Cargo, ACC Aviation. “This quarter, our team delivered that confidence, backed by the strength of our operator network and the discipline of our processes.” Building on this quarter’s momentum, ACC Aviation will continue to expand its proprietary operator database and cargo sector expertise, with a focus on high-growth verticals including energy, defence, aerospace, pharmaceuticals, and humanitarian logistics. The Americas, including Canada, Mexico, the Caribbean, and Central & South America, remains a priority growth region, leveraging ACC Aviation’s existing regional relationships and hub infrastructure in Fort Lauderdale and London. The division also plans for continued capability development across Europe, the Middle East, Asia-Pacific, and Africa. For Editorial Inquiries Contact: Editor Matt Driskill at [email protected] For Advertising Inquiries Contact: Head of Sales Sally Passey at [email protected]