April 27, 2018 | 18:39 (GMT+7)
Vietjet goals high revenue growth in 2018
PANO – The low-cost carrier Vietjet held annual general shareholders' meeting in Ho Chi Minh City on April 26.
At the event, the carrier’s Board of Directors received approval from the shareholders to lift the dividend rate of 2017 from 50 percent to 60 percent. The company advanced 30 percent dividend payment in cash and will pay another cash dividend of 10 percent on May 25. The remainder of 20 percent will be paid in stocks.
This year, Vietjet targets to earn nearly VND 51 trillion (US$ 2.24 billion) in revenue and over VND 5.8 trillion (US$ 254.4 million) in profit, up 20.5 percent and 10 percent, respectively.
It also plans to operate more than 120,000 flights with a total of 66 aircraft, an increase from 51 last year, and serve over 24.1 million passengers by the end of 2018.
The airlines’ shares have been listed on the Stock Exchange of Ho Chi Minh City (HOSE) since last year, demonstrating commitment by the firm’s Board of Directors to applying international standards in management and ensuring information transparency.
Vietjet is continually opening new routes, adding more aircraft, buying modern technologies and offering more added-on products and services to meet all demands of customers. Vietjet is a pioneering airline that is loved by many, for its interesting promotional and entertainment programs, especially during festive seasons. With high-quality services, diverse ticket classes and special low air fares, Vietjet offers its passengers flying experiences on new aircraft with comfy seats, delicious hot meals, beautiful and friendly cabin crews, and other interesting added-on services.
Translated by Song Anh