Vietnamese low-cost carrier (LCC) Vietjet has taken the first step toward meeting its ambitious 2017 financial goals by posting a 6.8% profit improvement for the first quarter. The LCC, which is in its first year as a publicly traded company, managed to boost its first-quarter revenue 44.2% year-over-year to VND 5.1 trillion ($224.2 million). The carrier said this was 10.6% above its target for the period, with international revenue growing particularly fast. Vietjet recorded a pretax ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.