Vietjet Aviation Joint Stock Company · HOSE:VJC
Vietjet Aviation Joint Stock — FY2025 Earnings Presentation
26 slides from Vietjet Aviation Joint Stock's earnings presentation, Mar 31, 2026
Slide 1: 2025 Audited Business Results
2025 AUDITED 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. 2025 Audited Financial Results V. 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
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 Value: USD 906 Million
BRAND AWARENESS Strong domestic and regional brand recognition providing sustainable competitive advantage BRAND VALUE: USD 906 MILLION 2025 AWARDS AND BRAND RECOGNITIONS PROMINENT DIGITAL MEDIA PRESENCE ENHANCING AWARENESS Strong on-line presence across e-commerce platforms and popular social media
Slide 7: Development Milestones
DEVELOPMENT MILESTONES Vietjet has pioneered the LCC model in Vietnam Fleet 2025 ◼ Received and transferred to Vietjet Thailand the first 8 Boeing 737-8 aircraft (as of 31/12/2025) DEVELOPMENT MILESTONES 2024 from the 200 aircraft order with Boeing. ◼ Granted a license for ground services operation
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 7.5% Goldman Sachs International J.P.Morgan Morgan Stanley Barclays Capital Secu
Slide 10: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 2025 Audited Financial Results V. 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 3.5 3.5 3.2 3.2 3.3 3.6 3.3 5,026 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 growth in the region High growth and rapidly urbanized population GDP growth, 2025 Source: IMF Source: World bank 98,9 99,7 100,4 101,0 102,0 98,1 7.9% 5.4% 4.5% 4.9% 2.2% 2.0% 35
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. 2025 Audited Financial Results V. 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 44% domestic & 54% international market share Largest & Rapidly expanding Network 54% Domestic International Domestic International 44% 44% 44% 202 101 48 80
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 52 DOMESTIC ROUTES 202 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 42 High aircraft 36 A321ceo Fuel-efficient fleet utilization an
Slide 19: Fleet Expansion
FLEET EXPANSION Significant commercial and financial potential secured with modern fleet and massive orderbook 107 aircraft in total, including 14 owned, Model # a/c Seat config 9 aircraft via debt financing and 5 aircraft via finance lease A320 19 180 15.4 hrs and Narrow body ~12.6 hrs (Q4.2025) Ai
Slide 20: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 2025 Audited Financial Results VI. Outstanding Events Download app VietJet 20
Slide 21: Audited Financial Performance in 2025
AUDITED FINANCIAL PERFORMANCE IN 2025 Strong revenue growth driven by a material increase in aircraft trading revenue 1. Consolidated revenue surge achieved CAGR (2023-2025) of 19% 1.2. Ancillary revenue made up 39% of total aviation revenue Unit: USD mn Unit: USD mn 959 3,145 2,760 927 2,235 811 20
Slide 22: Audited Financial Performance in 2025
AUDITED FINANCIAL PERFORMANCE IN 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 951 5,341 3,805 646 656 3,3
Slide 23: Agenda
I. Vietjet’s Overview Agenda II. Industry Overview III. Investment Highlights IV. 2025 Audited Financial Results V. Outstanding Events Download app VietJet 23
Slide 24: Dr. Nguyen Thi Phuong Thao awarded the title Hero of Labor
Dr. Nguyen Thi Phuong Thao awarded the title “Hero of Labor”
Slide 25: Outstanding Events in 2025
OUTSTANDING EVENTS IN 2025 Signed a new order for 40 Trent 7000 engines Launched Vietjet Qazaqstan, a new VietJet’s order for 100 A321neo aircraft and Finalized an agreement to transfer 50 with Rolls-Royce international joint venture airline 20 A330neo aircraft Boeing aircraft to Vietjet Thailand Si
Slide 26: Thank You
THANK YOU Download app VietJet
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