Vietjet Air reports 34.5% revenue increase in 2015
Vietjet Air reported a 2015 revenue of VND10.9t (US$490.7m), up 34.5% from VND8.1t in 2014. The airline said the revenue increase was achieved “despite increasing challenges in the wake of the ASEAN Open Skies policy.” The result was lower than the VND13.8t forecast at the start of 2015, and came during a year when the carrier added 11 Airbus A320s and A321s to its fleet and increased passenger numbers by 66% to 9.3m passengers during the 12-month period, compared to 2014. “The company met its targets,” Vietjet said, adding that it saw an average 88% load factor, with an on-time performance (OTP) ratio of 82.58% for the 58,355 flights it made during the period. The company has expanded rapidly and Vietjet has set a target of 15m passengers in 2016, with an OTP ratio of 85%. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2016-01-27/unaligned/vietjet-air-reports-34-5-revenue-increase-in-2015
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Vietjet Air reports 34.5% revenue increase in 2015
Vietjet Air reported a 2015 revenue of VND10.9t (US$490.7m), up 34.5% from VND8.1t in 2014. The airline said the revenue increase was achieved “despite increasing challenges in the wake of the ASEAN Open Skies policy.” The result was lower than the VND13.8t forecast at the start of 2015, and came during a year when the carrier added 11 Airbus A320s and A321s to its fleet and increased passenger numbers by 66% to 9.3m passengers during the 12-month period, compared to 2014. “The company met its targets,” Vietjet said, adding that it saw an average 88% load factor, with an on-time performance (OTP) ratio of 82.58% for the 58,355 flights it made during the period. The company has expanded rapidly and Vietjet has set a target of 15m passengers in 2016, with an OTP ratio of 85%. <br/>
