Hanoi: National flag carrier Vietnam Airlines recorded a pre-tax profit of over 3.6 trillion VND (140 million USD) in the first quarter of 2025, boosted by a strong recovery in international tourism, falling fuel prices and efficient operations. Vietnam Airlines Group - including Vietnam Airlines, Pacific Airlines and VASCO - carried nearly 6.2 million passengers in Q1, with Vietnam Airlines accounting for over six million, up 6.5% compared to the same period last year.
According to Vietnam News Agency, the significant increase in passenger numbers is attributed to a surge in international tourism. The group's strategic focus on expanding international routes and enhancing service quality has paid off, contributing positively to the financial performance. The decline in fuel prices has also reduced operational costs, further enhancing profitability.
Vietnam Airlines' effective operational strategies, alongside the broader recovery in tourism, have positioned the airline for further growth. The airline's management anticipates continued positive trends in the coming quarters, driven by sustained demand and strategic cost management initiatives.