VietJet Aviation Joint Stock Company — Cyborg Score 7/10

Strong
Airlines / Aviation Services

Strategic Profile

As a Vietnamese low-cost airline, VietJet focuses on operating flight services and providing air transportation services. The airline received 22 new aircraft in 2025 and signed a landmark agreement with Airbus to purchase 100 A321neo aircraft, valued at $3.8 billion including engines. The company is positioned for significant growth through fleet expansion and international market penetration.

Cyborg Score Rationale

In Q4 2025, VietJet operated over 36,100 flights carrying 6.7 million passengers, with annual passenger count reaching 28.2 million (9% increase YoY) and 153,000 flights (11.2% rise). The company demonstrates strong operational momentum with massive fleet investment and international expansion, though regional competition and fuel costs remain risks.

Top Insights

  • VietJet operated 254 routes in 2025 (52 domestic, 202 international) and added 22 new routes including direct flights to Indian cities.
  • 2024 revenue reached 72.05 trillion VND (+23.49% YoY) with earnings of 1.40 trillion VND (+508.51%).
  • Strategic fleet investment includes 100 Airbus A321neo aircraft and 92 Rolls-Royce Trent 7000 engines.
  • Training academy trained over 162,000 individuals in 2025, ensuring operational capability for expansion.

Named Competitors

  • Vietnam Airlines — Full-service national carrier with premium positioning
  • AirAsia — Regional low-cost carrier competitor
  • Thai Airways — Full-service carrier in Southeast Asia

Recent Developments

  • (February 2026) Stock trading at 184,000 VND with 86.23% one-year performance gain
  • (2025) Received 22 new aircraft; announced landmark 100-aircraft Airbus deal worth $3.8B
  • (Q4 2025) Operated 36,100+ flights carrying 6.7M passengers; annual total 28.2M passengers (+9% YoY)
  • (2025) Expanded route network to 254 routes with 22 new international routes added

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