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Vietnam’s leading LCC records US$3 million profit for 2020
May 3rd 2021
Vietjet Aviation Joint Stock Company (VAJSC), the parent company of LCC Vietjet, yesterday reported an audited after tax profit of 69 billion dong (US$3 million) for calendar 2020. Read More » VAJSC recorded a net profit of 3.1 trillion dong for calendar 2019. The company said the Vietjet airline business posted a loss of 1.453 trillion dong for the 12 months to December 31, 2020. Looking ahead, the domestic market had recovered from the impact of the coronavirus pandemic and was "back in full swing", having surpassed 2019 levels, it said. "Vietjet projects a recovery of the international market in the fourth quarter of 2021," it said.
