Vietjet Aviation Joint Stock Company · HOSE:VJC
Vietjet Aviation Joint Stock — 9M 2025 Earnings Presentation
29 slides from Vietjet Aviation Joint Stock's earnings presentation, 2025
Slide 1: 9M.2025 Business Results
9M.2025 BUSINESS RESULTS
Slide 2: Disclaimer
DISCLAIMER IMPORTANT: You must read the following before continuing, In accessing the attached summary information presentation (this “presentation”), you agree to be bound by the following terms and conditions. This presentation contains confidential information, You should not reproduce or distrib
Slide 3: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 9M.2025 Financial Results V. ESG Initiatives VI. Outstanding Events Download app VietJet 3
Slide 4: Vietjet's Overview
VIETJET’S OVERVIEW • VietJet has actively contributed to developing diplomatic, economic, trade, and tourism relations between Vietnam and other countries. VietJet transforms Ho Chi Minh City and Ha Noi into global aviation hubs. • VietJet uniquely operates wide-body aircraft to intercontinental des
Slide 5: Vision and Mission
SỨ MỆNH VÀ TẦM NHÌN Mission and vision VISION AND MISSION TẦM NHÌN VISION MISSION LOGISTICS CORE VALUE VISION Operating and expanding an extensive To become a multinational airline with To complete an aviation service Safety – Happiness – Affordable – Punctual domestic, regional, and international t
Slide 6: Brand Awareness
BRAND AWARENESS Strong domestic and regional brand recognition providing sustainable competitive advantage 2025 awards and brand recognitions Prominent digital media presence enhancing awareness Strong on-line presence across e-commerce platforms and popular social media outlets Named as one of the
Slide 7: Development Milestones
DEVELOPMENT MILESTONES Vietjet has pioneered the LCC model in Vietnam 9M2025 Fleet DEVELOPMENT MILESTONES ◼ Inaugurated flights to New Zealand (as of 30/09/2025) ◼ Granted a license for ground services operation at TSN 2024 96 ◼ Signed an MOU with Airbus for firm purchase of 100 + 50 option for A321
Slide 8: Board of Management
BOARD OF MANAGEMENT • Mdm. Thao Nguyen is one of the founders of VietJet, Chairwoman of VietJet • Dr. Phuong Dinh has more than 25 years of leadership experience and holds since 2023, before that Ms. Thao was the Vice Chairwoman, CEO since 2007. important positions in many companies in the Transport
Slide 9: Shareholder's Structure
SHAREHOLDER’S STRUCTURE Vietjet is fully trusted by reputational and capable investors around the world International Shareholders INTERNATIONAL SHAREHOLDERS Fubon FTSE Vietnam ETF Vaneck Vietnam ETF Sky Capital Advisor 7.3% Lumen Vietnam Fund Goldman Sachs International J.P.Morgan Morgan Stanley Ba
Slide 10: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 9M.2025 Financial Results V. ESG Initiatives VI. Outstanding Events Download app VietJet 10
Slide 11: Vietnam Macroeconomics
VIETNAM MACROECONOMICS Solid economic growth and favorable tourism provide strong tailwinds for Vietnam’s LCC market Strong GDP growth and Stable Inflation GDP per capita increases drastically Source: World Bank Unit: USD Source: World Bank 4.5 3.5 3.5 3.2 3.2 3.3 3.6 4,900 2.8 4,717 1.8 4,148 4,323
Slide 12: Attractive Aviation Market
ATTRACTIVE AVIATION MARKET Vietnam’s economic and population potential created an attractive market for LCCs Highest GDP per capita growth in the region High growth and rapidly urbanized population GDP per capita growth, 2024 Source: World Bank Source: World bank 98,9 99,7 100,4 101,0 102,0 98,1 6.4
Slide 13: Government's Pro-Aviation Initiatives
GOVERNMENT’S PRO-AVIATION INITIATIVES Ambitious infrastructure projects and new public policies provide necessary support for airlines Strengthening Vietnam’s aviation sector Key airport infrastructure projects through airport infrastructure • 2nd largest airport in Vietnam and the gateway to the No
Slide 14: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 9M.2025 Financial Results V. ESG Initiatives VI. Outstanding Events Download app VietJet 14
Slide 15: The Leading LCC in Vietnam
THE LEADING LCC IN VIETNAM Leverage our impressive network, capability, and favorable conditions to maintain our leads #1 LCC in Vietnam with 45% domestic & 55% international market share Largest & Rapidly expanding Network 55% Domestic International Domestic International 45% 44% 43% 169 80 101 48
Slide 16: Extensive Networks for Connection and Expansion
EXTENSIVE NETWORKS FOR CONNECTION AND EXPANSION Extensive network enhances VietJet’s connectivity across Vietnam, Southeast Asia, and long-haul markets 50 DOMESTIC ROUTES 169 INTERNATIONAL ROUTES 16
Slide 17: Comprehensive Airline Ecosystem
COMPREHENSIVE AIRLINE ECOSYSTEM Fully Integrated Aviation Ecosystem Driving Operational Efficiency and Ancillary Growth VIETJET AIR ACADEMY DIVERSE PRODUCT AND SERVICE Modern and professional facility to create a Excellent Ancillary Services workforce capable of meeting aviation demand Advanced and
Slide 18: Best In-Line Cost Structure
BEST IN-LINE COST STRUCTURE Focuses on cost-optimization to maintain our cost advantages All-Airbus Fleet operated by VJC streamline operations and optimize costs Critical factors driving VietJet’s cost advantages A320 Young, Modern and 36 36 High aircraft A321ceo Fuel-efficient fleet utilization an
Slide 19: Fleet Expansion
FLEET EXPANSION Significant commercial and financial potential secured with modern fleet and massive orderbook 96 aircraft in total, including 9 owned, Model # a/c Seat config Avg. age 4 aircraft via local debt financing and 5 aircraft via finance lease A320 16 180 11.88 14.8 hrs and Narrow body ~13
Slide 20: Future Young, Modern and Diverse Fleet
FUTURE YOUNG, MODERN AND DIVERSE FLEET Upgrading VietJet’s fleet with more modern Airbus generations A320ceo A321neo ▪ A321neo (new engine options) possess the new PW-1100g GTF engines, the most fuel-efficient engine for single-aisle aircraft. ▪ Incorporating Airbus’ “Sharklets” and new engine optio
Slide 21: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 9M.2025 Financial Results V. ESG Initiatives VI. Outstanding Events Download app VietJet 21
Slide 22: Key Financial Performance in 9M.2025
KEY FINANCIAL PERFORMANCE IN 9M.2025 Post-COVID revenue recovery contributed by significant increase in international and ancillary revenues 1. Consolidated revenue surge achieved CAGR (2023-2025E) of 18.3% 1.2. Ancillary revenue made up 39% of total aviation revenue Unit: USD mn Unit: USD mn Y-o-Y
Slide 23: Key Financial Performance in 9M.2025
KEY FINANCIAL PERFORMANCE IN 9M.2025 Resilient balance sheet to support strategy towards building diversified aircraft asset portfolio 3. Stable asset base scale up with additional aircraft asset 4. Sustainable and steady equity growth (tỷ đồng) Unit: USD mn Unit: USD mn 16% YTD 43% YTD ` ` 4,357 92
Slide 24: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 9M.2025 Financial Results V. ESG Initiatives VI. Outstanding Events Download app VietJet 24
Slide 25: Sustainable Development
SUSTAINABLE DEVELOPMENT Committing to ESG Targets and Net Zero by 2050 Young and modern fleet Owning one of the youngest and modern fleet 98 aircraft with average age of 7.7 years, operating with economical and flexible costs with extensively less emissions. Issuance of Environmental Protection Poli
Slide 26: Sustainable Development
SUSTAINABLE DEVELOPMENT Committing to ESG Targets and Net Zero by 2050 VietJet signed contract with Safran • SFCO2 includes: optimizing engine power, providing accurate information on passengers’ weights on board and the amount of backup fuel,… • It helps reduce fuel consumption and CO2 emissions by
Slide 27: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 9M.2025 Financial Results V. ESG Initiatives VI. Outstanding Events Download app VietJet 27
Slide 28: Outstanding Events in Q3.2025
OUTSTANDING EVENTS IN Q3.2025 VietJet has officially received its first Boeing VietJet and Airways Aviation Academy VietJet and the University of Oxford 737-8 aircraft from the US$32 billion order. (Finland) entered into a strategic Announce Global Aviation Net Zero partnership to foster high-qualit
Slide 29: Thank You
THANK YOU Download app VietJet
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