Jetstar Pacific reports 390 million USD in revenue
Budget carrier Jetstar Pacific, an affiliate of Vietnam Airlines Corporation, announced its estimated total revenue was 9.1 trillion VND (390 million USD) this year, 21 percent higher than the target set early this year.
Budget carrier Jetstar Pacific gets 9.1 trillion VND in total revenue in 2018. (Photo: VNA)
Hanoi (VNA) - Budget carrier Jetstar Pacific, an affiliate ofVietnam Airlines Corporation, announced its estimated total revenue was 9.1trillion VND (390 million USD) this year, 21 percent higher than the target setearly this year.
The airline said it recorded a profit after years of losses, but did notdisclose the figure.
The carrier transported 6.2 million passengers this year, up 14.3 percent yearon year.
In the third quarter of this year, Jetstar Pacific recorded an impressive 31.7percent increase in domestic passengers and an 18.5 per cent increase ininternational passengers. It is expected that the number of passengers duringthe peak period of the 2019 Tet (Lunar New Year) holiday will increaseby 12 percent.
According to the airline, the impressive results were achieved despitedifficulties faced by the aviation industry such as fluctuations in exchange ratesand rising fuel prices (up 30 per cent over the previous year).
Jetstar Pacific currently operates about 750 flights per week, covering mostcities and popular tourist destinations in Vietnam, and runs internationalflights connected with Jetstar Group and Vietnam Airlines.
The airline’s two major shareholders are Vietnam Airlines and Qantas Airways.-VNA
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Budget carrier Jetstar Pacific gets 9.1 trillion VND in total revenue in 2018. (Photo: VNA) 
