Vietnam Airlines has received regulatory approval to issue 900 million additional shares to the public, a move that will raise its charter capital by $344 million, bringing the total to approximately $1.2 billion. This capital injection is part of a broader financial restructuring effort aimed at strengthening the airline’s balance sheet following pandemic-related challenges.
VietJet, the Vietnamese low-cost airline, has announced the appointment of Nguyen Thanh Son as its new Managing Director, effective immediately. He takes over the executive position from Dinh Viet Phuong, as the airline continues to strengthen its leadership team to support its long-term growth strategy.
Vietnam Airlines and Saudia have established a new codeshare partnership, connecting major cities in Vietnam and Saudi Arabia. Under this agreement, travelers can now book single-itinerary tickets between Hanoi and Ho Chi Minh City to Jeddah and Riyadh, with shared flight numbers and streamlined coordination between the two flag carriers.
VietJet Air, a prominent Vietnamese low-cost carrier, has lost a legal battle in a London court and is now liable to pay $181 million to FW Aviation (UK) for breaching aircraft lease agreements involving Airbus A321 aircraft. The court ruled that the termination notices served by FW Aviation were valid and enforceable, ending VietJet’s challenge.
Vietnam Airlines has reported a consolidated profit exceeding $191 million for the first half of fiscal year 2025, signaling a strong operational recovery. The airline now plans a two-phase capital increase strategy aimed at reducing state ownership and reinforcing its financial base to support future growth.
Vietravel Airlines, a Vietnamese carrier operating under the tourism-focused Vietravel Group, has received formal approval from its shareholders to increase its charter capital to $100 million. This significant move aims to bolster the airline’s financial foundation and support expansion efforts amid the region’s ongoing aviation recovery.
Sun PhuQuoc Airways, a Vietnamese carrier backed by Sun Group, is set to receive a fresh equity contribution of $38 million from its parent company. This capital injection is part of a broader $95.9 million investment plan for a long-term aviation project with a 50-year horizon, aimed at strengthening the airline’s position in the Vietnamese and regional market.
VietJet Air, the Vietnamese low-cost carrier, has significantly expanded its relationship with Rolls-Royce through a major engine acquisition. The airline has placed an order for 40 Trent 7000 engines to power its fleet of 20 Airbus A330neo aircraft, further supported by a long-term TotalCare® service agreement for engine maintenance.
Vietnam Airlines, the national flag carrier of Vietnam, has signed a memorandum of understanding (MOU) with ING, a Netherlands-based global financial institution, to secure funding of up to $1.5 billion. This significant agreement is part of the airline’s broader plan to finance strategic projects, modernize operations, and ensure long-term financial resilience.
Vietravel Airlines (Vietnam) has announced plans to purchase one A321 aircraft in late June 2025, followed by two A320 aircraft in July 2025. This move signals the airline’s ongoing commitment to strengthening its fleet and expanding its domestic and regional operations.
