Vietjet has posted a Q2 loss of VND1,122 billion ($48.4 million) a period that the carrier operated a flight network of 52 domestic routes with 14,000 flights and transported more than two million passengers.
At the end of Q2/2020, Vietjet recorded air transport revenue at VND1,970 billion (US$84.5 million), a decrease of 54% year-on-year, and a loss of VND1,122 billion $48 million.
To support its cash flow, Vietjet actively sought for partners and implemented many financial solutions such as asset transfer and financial investment, which resulted in a consolidated profit of VND73 billion ($3.2 million) in H1/2020 that increased financial resources for the airline’s air transport business. This was achieved due to the solid financial base that the company accumulated throughout the previous years.