Vietnamese LCC Vietjet nearly quadrupled its first-quarter 2018 net profit, and the carrier said it is comfortably ahead of financial targets for the year to date. The airline reported a net profit of VND1.4 trillion ($60 million) in the first quarter, a 263% improvement from the same period last year. Overall revenue increased 146% year-over-year (YOY) to VND12.6 trillion, thanks to increases in passenger numbers, ancillary revenue and sale and leaseback revenue. Vietjet said its ...

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