Vietjet Aviation Joint Stock Company · HOSE:VJC
Vietjet Aviation Joint Stock — H1 2026 Earnings Presentation
26 slides from Vietjet Aviation Joint Stock's earnings presentation, Oct 15, 2026
Slide 1: 2026 Reviewed Interim Business Results
2026 REVIEWED INTERIM 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
Agenda 1 Vietjet’s Overview 2 Industry Overview 3 Investment Highlights 4 Audited Financial Performance 5 Outstanding Events
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
VISION AND MISSION TẦM NHÌN VISION VISION MISSION LOGISTICS CORE VALUE Operating and expanding an extensive To become a multinational airline with To complete an aviation service Safety – Happiness – Affordable – Punctual domestic, regional, and international the largest market share in Vietnam ecos
Slide 6: Brand Awareness
BRAND AWARENESS Strong domestic and regional brand recognition providing sustainable competitive advantage Best Ultra Low-Cost Airline World’s Best Low-Cost Airlines 2026 World's Safest Low-Cost Airlines World’s Fastest-Growing Airline Brand Vietjet’s Brand value reached USD 906mn 2026 Best Ultra-Lo
Slide 7: Development Milestones
DEVELOPMENT MILESTONES Vietjet has pioneered the LCC model in Vietnam Fleet 1H.2026 (as of 30/06/2026) Signed a financing agreement for 6 Boeing 737-8 aircraft. 106 DEVELOPMENT MILESTONES 2025 Signed an agreement with Pratt & Whitney to equip 44 Airbus A320neo aircraft with GTF engines, valued a
Slide 8: Key Leadership - Board of Directors
KEY LEADERSHIP - BOARD OF DIRECTORS • Mdm. Thao Nguyen is one of the founders of Vietjet, Chairwoman of VietJet • Mr. Philipp Rösler is a German of Vietnamese descent and has held many since 2023, before that Ms. Thao was the Vice Chairwoman, CEO since 2007. important positions in the German governm
Slide 9: Key Leadership - Board of Management
KEY LEADERSHIP - BOARD OF MANAGEMENT • Mr. Michael Hickey currently serves as Chief Operating Officer (COO) at • Mr. Son Nguyen leads Vietjet’s commercial operations, including network Vietjet planning, sales, marketing, and revenue management. • He previously served as a senior executive at Ryanair
Slide 10: Shareholder's Structure
SHAREHOLDER’S STRUCTURE Vietjet is fully trusted by reputational and capable investors around the world International Shareholders Fubon FTSE Vietnam ETF INTERNATIONAL SHAREHOLDERS Vaneck Vietnam ETF Tianhong Vietnam Thematic Fund(QDII) 6.4% Barclays Capital Securities J.P.Morgan Domestic Shareholde
Slide 11: Agenda
Agenda 1 Vietjet’s Overview 2 Industry Overview 3 Investment Highlights 4 Audited Financial Performance 5 Outstanding Events
Slide 12: Vietnam Macroeconomics
VIETNAM MACROECONOMICS Solid economic growth and favorable tourism provide strong tailwinds for Vietnam’s LCC market Robust GDP growth unstained, with Inflation remaining well under control GDP per capita increases drastically Source: World Bank Unit: USD Source: World Bank 4.7 3.6 3.3 3.4 3.5 3.5 3
Slide 13: Attractive Aviation Market
ATTRACTIVE AVIATION MARKET Vietnam’s economic and population potential created an attractive market for LCCs Highest GDP growth in the region High growth and rapidly urbanized population GDP growth, 2026 Forecast Source: IMF Unit: mn Source: World bank 7.1% 102.2 102.7 103.3 103.8 104.3 104.7 105.2
Slide 14: 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 15: Agenda
Agenda 1 Vietjet’s Overview 2 Industry Overview 3 Investment Highlights 4 Audited Financial Performance 5 Outstanding Events
Slide 16: Competitive Advantage of Vietjet
COMPETITIVE ADVANTAGE OF VIETJET Solidify brand equity by leveraging fleet scale, global connectivity, and a strong digital ecosystem Largest Fleet in Vietnam Dominate Market share in Vietnam 2% 3% 1% 1% 106 9% 94 42% 50% 47% 38% 16 12 2 VASCO, Vietravel 42% 50% Pacific Airlines Domestic Internation
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 Complete an A
Slide 18: Route Network: 213 Routes
Extensive network enhances Vietjet’s connectivity across Vietnam, Southeast Asia, and long-haul markets 213 routes 46 DOM 167 INT 13
Slide 19: 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 46 A320 High aircraft Young, Modern and A321ceo 36 utilization and Fuel-efficient flee
Slide 20: Fleet Development
FLEET DEVELOPMENT Significant commercial and financial potential secured with modern fleet and massive orderbook Operating +400 flights/day Technical reliability rate 99.64% Fleet size Aircraft order +418 aircraft 106 08 A330 46 A321NEO 36 A321CEO 16 A320 to be delivered over next 10 years Aircraft
Slide 21: Agenda
Agenda 1 Vietjet’s Overview 2 Industry Overview 3 Investment Highlights 4 Audited Financial Performance 5 Outstanding Events
Slide 22: Audited Financial Performance
AUDITED FINANCIAL PERFORMANCE Strong revenue growth driven by a material increase in aircraft trading revenue Consolidated revenue surge achieved CAGR (2023-2025) of 19% Ancillary revenue makes a significant contribution to total revenue Unit: USD mn Unit: USD mn CAGR: 19% CAGR: 8% First half of the
Slide 23: Audited Financial Performance
AUDITED FINANCIAL PERFORMANCE Resilient balance sheet to support strategy towards building diversified aircraft asset portfolio Stable asset base scale up with additional aircraft asset Sustainable and steady equity growth Unit: USD mn Unit: USD mn CAGR: 28% CAGR: 10% 5,341 5,673 951 1,004 3,805 656
Slide 24: Agenda
Agenda 1 Vietjet’s Overview 2 Industry Overview 3 Investment Highlights 4 Audited Financial Performance 5 Outstanding Events
Slide 25: Outstanding Events
OUTSTANDING EVENTS Vietjet announced 5 new routes to China in Vietjet and AVIC Cabin Systems entered a Vietjet and VIFC-HCM announced the Asia- Vietjet and Pratt & Whitney signed an celebration of the Vietnam - China Year of comprehensive partnership in aircraft interiors Pacific Aviation Finance Ce
Slide 26: Thank You
THANK YOU
Vietjet Aviation Joint Stock Company — H1 2026 Earnings Presentation on 6ix