Vietnam Airlines convened an extraordinary General Meeting at 14:00 on May 15 in Hanoi to approve a plan to issue shares to increase capital and invest in 50 narrow-body aircraft with an estimated total value of approximately 92.8 trillion VND. The project consists of 50 Airbus A320NEO or Boeing B737 MAX aircraft and 10 spare engines. The expected demand for narrow-body aircraft from 2025 to 2035 could increase Vietnam Airlines’ fleet size to 137 aircraft by 2030 and 169 by 2035, carrying about 47.9 million passengers. Vietcombank will assist with funding for this project from 2026 to 2032. Although revenue in Q1 2025 reached nearly 31.1 trillion VND, the airline’s pre-tax profit dropped by 20% year-on-year, mainly due to the recovery of the international tourism market and a decrease in fuel prices.
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