• VIETJET PLANES AT TAN SON NHAT. PIC/VIETJET
    Aviation

    VietJet’s 1Q17 / Norwegian to start LGW-SIN

    Discount carrier VietJet announced its earnings for 1Q17 on April 22, with revenue of around VND5,095 billion (USD225 million), or 44.2% higher than the same period in 2016. The airline said profit was up 6.8%, compared with 1Q16. VietJet carried 3.7 million passengers in the first three months of 2017, an increase of almost 30% from 1Q16. It launched three new international routes in the same period, and said its load factor averaged 88% The budget airline was listed end-February; at that time the company was valued at USD1.2 billion. It is majority owned by Madam Nguyen Thi Phuong Thao – she has direct and indirect shares of around 33%. Singapore…