---
title: Vietnam Airlines Nets 4,172 Billion VND Profit in 9M 2026
description: Vietnam Airlines generated 114,480 billion VND in consolidated revenue and 4,172 billion VND in net profit after tax during the first nine months of 2026.
url: https://ginity.vn/en/blog/vietnam-airlines-q3-2026-profit-reaches-4172-billion-vnd
canonical: https://ginity.vn/en/blog/vietnam-airlines-q3-2026-profit-reaches-4172-billion-vnd
markdown: https://ginity.vn/en/blog/vietnam-airlines-q3-2026-profit-reaches-4172-billion-vnd.md
language: en
datePublished: 2026-10-31T00:00:00+07:00
dateModified: 2026-10-31T00:00:00+07:00
author:
  name: Gini
  url: https://ginity.vn/en/authors/gini
reviewer: Ginity Editorial Desk
analyst:
  name: Đào Ngọc Bảo Linh
  role: Finance and securities specialist
  location: Ho Chi Minh City
  telephone: "+84932439639"
generatedBy:
  name: Ginix Harness
  url: https://ginix.vn
desk:
  id: equity
  name: Companies & sectors
  url: https://ginity.vn/en/topics/equity
tickers:
  - HVN
sources:
  - name: Spirit Vietnam Airlines
    url: https://spirit.vietnamairlines.com/bay-cao-khat-vong-cong-hien/chuyen-dong-24-7/doanh-thu-hop-nhat-hon-114-000-ty-dong-vietnam-airlines-duy-tri-tang-truong-hai-con-so.html
    title: Doanh thu hợp nhất hơn 114.000 tỷ đồng, Vietnam Airlines duy trì tăng trưởng hai con số
  - name: Báo Đầu tư (Investment Newspaper)
    url: https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html
    title: Vượt qua mùa thấp điểm, Vietnam Airlines đạt doanh thu 39.168 tỷ đồng, lợi nhuận 319 tỷ đồng
  - name: CafeF
    url: https://cafef.vn/doanh-thu-vietnam-airlines-sau-9-thang-tang-28-len-114480-ty-dong-lai-hon-4170-ty-188261030224748237.chn
    title: Doanh thu Vietnam Airlines sau 9 tháng tăng 28% lên 114.480 tỷ đồng, lãi hơn 4.170 tỷ
  - name: Báo Chính phủ (Government Newspaper)
    url: https://baochinhphu.vn/doi-tau-bay-mang-quoc-tich-viet-nam-tiep-tuc-tang-trong-nam-2026-10226102718102775.htm
    title: Đội máy bay đăng ký quốc tịch Việt Nam tiếp tục tăng trong năm 2026
  - name: National Statistics Office
    url: https://www.nso.gov.vn/tin-tuc-thong-ke/2026/10/bao-cao-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/
    title: Báo cáo tình hình kinh tế – xã hội quý III và 9 tháng năm 2026
publisher: Ginity
attribution: 'Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content.'
disclaimer: "Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources."
usageTerms: https://ginity.vn/ai.txt
---

# Vietnam Airlines Nets 4,172 Billion VND Profit in 9M 2026

> Vietnam Airlines generated 114,480 billion VND in consolidated revenue and 4,172 billion VND in net profit after tax during the first nine months of 2026.

Gini · Companies & sectors · 2026-10-31 · https://ginity.vn/en/blog/vietnam-airlines-q3-2026-profit-reaches-4172-billion-vnd

_Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_

## Key takeaways

- Consolidated revenue reached 114,480 billion VND in 9M 2026, completing 82.4% of the full-year revenue plan.
- Consolidated net profit after tax reached 4,172 billion VND across the first nine months of 2026.
- Third-quarter performance delivered 39,168 billion VND in revenue and 319 billion VND in profit.
- Total passenger volume across the entire network exceeded 20 million travelers in 9M 2026.

According to financial disclosures published by [Investment Newspaper](https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html) and [CafeF](https://cafef.vn/doanh-thu-vietnam-airlines-sau-9-thang-tang-28-len-114480-ty-dong-lai-hon-4170-ty-188261030224748237.chn), Vietnam Airlines posted 114,480 billion VND in consolidated revenue and 4,172 billion VND in net profit after tax for the first nine months of 2026. The carrier recorded positive net earnings for both the first nine months of 2026 and the third quarter of 2026.


## Consolidated earnings performance in 9M 2026

Vietnam Airlines recorded higher consolidated revenue during the first nine months of 2026 relative to the same period in 2025. According to financial data published by [Investment Newspaper](https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html) and corroborated by [CafeF](https://cafef.vn/doanh-thu-vietnam-airlines-sau-9-thang-tang-28-len-114480-ty-dong-lai-hon-4170-ty-188261030224748237.chn), consolidated revenue for the first nine months of 2026 reached 114,480 billion VND, representing an increase of 28% compared to the prior-year period. Cumulative consolidated net profit after tax stood at 4,172 billion VND.

```chart
{
  "preset": "sector-columns",
  "label": "Consolidated financial metrics of Vietnam Airlines in 9M 2026",
  "caption": "Consolidated revenue and net profit of Vietnam Airlines for 9M and Q3 2026. Unit: billion VND.",
  "params": {
    "values": [4172, 39168, 114480],
    "labels": ["9M Net Profit", "Q3 Revenue", "9M Revenue"],
    "unit": "Billion VND",
    "highlight": 2
  }
}
```

The table below outlines the core consolidated operational and financial indicators published by the company for the first nine months of 2026:

| Consolidated metric | 9M 2026 performance | Year-over-year trend | Operational highlights |
| :--- | :--- | :--- | :--- |
| Consolidated revenue | 114,480 billion VND | Up 28% year-over-year | Completed 82.4% of annual plan |
| Consolidated net profit | 4,172 billion VND | Not stated | 9-month cumulative total |
| Q3 consolidated revenue | 39,168 billion VND | Not stated | Third-quarter revenue |
| Q3 consolidated net profit | 319 billion VND | Not stated | Third-quarter net profit |

Source: Compiled from Vietnam Airlines consolidated financial statements and disclosures reported in [Investment Newspaper](https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html).

## Third-quarter financial results in 2026

In addition to 9-month cumulative totals, third-quarter financial figures have been published by domestic reporting channels.

According to reporting published by [Investment Newspaper](https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html) and confirmed in [CafeF](https://cafef.vn/doanh-thu-vietnam-airlines-sau-9-thang-tang-28-len-114480-ty-dong-lai-hon-4170-ty-188261030224748237.chn), third-quarter consolidated revenue reached 39,168 billion VND, and third-quarter consolidated net profit after tax reached 319 billion VND.


## Progress toward full-year 2026 revenue targets


According to financial figures reported by [Investment Newspaper](https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html) and [CafeF](https://cafef.vn/doanh-thu-vietnam-airlines-sau-9-thang-tang-28-len-114480-ty-dong-lai-hon-4170-ty-188261030224748237.chn), with 9-month consolidated revenue reaching 114,480 billion VND, Vietnam Airlines has completed 82.4% of its full-year 2026 revenue plan.


## Passenger transport and flight network operations

Alongside financial figures, flight operations and passenger traffic totals for the first nine months of 2026 were published by the airline.

According to operational data released on [Spirit Vietnam Airlines](https://spirit.vietnamairlines.com/bay-cao-khat-vong-cong-hien/chuyen-dong-24-7/doanh-thu-hop-nhat-hon-114-000-ty-dong-vietnam-airlines-duy-tri-tang-truong-hai-con-so.html) and documented by [Investment Newspaper](https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html), Vietnam Airlines operated more than 122,000 flights totaling nearly 300,000 flight hours across the first nine months of 2026. Total passenger volume across the entire network exceeded 20 million travelers, while cargo and mail volume reached 274,000 tonnes.

On international routes, the carrier launched scheduled flight links connecting Hanoi with Amsterdam, Ho Chi Minh City with Phuket, and Ho Chi Minh City with Colombo. The carrier also announced new scheduled routes connecting Hanoi with Ahmedabad, Hanoi with Hangzhou, and Da Nang with Singapore during the fourth quarter of 2026.

## Commercial aircraft fleet registered in Vietnam


According to civil aviation statistics published by [Government Newspaper](https://baochinhphu.vn/doi-tau-bay-mang-quoc-tich-viet-nam-tiep-tuc-tang-trong-nam-2026-10226102718102775.htm), as of October 15, 2026, Vietnam counted 261 aircraft registered under Vietnamese nationality. Within this national fleet, Vietnam Airlines accounted for 94 aircraft registered under Vietnamese nationality, comprising 4 Airbus A320s, 59 Airbus A321s, 14 Airbus A350s, and 17 Boeing 787s. These civil aviation statistics also documented that international passenger traffic through Vietnamese airports reached nearly 43 million visits in the first 10 months of 2026.

From a macroeconomic perspective, according to the third-quarter and 9-month 2026 socio-economic report by the [National Statistics Office](https://www.nso.gov.vn/tin-tuc-thong-ke/2026/10/bao-cao-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/), passenger transport nationwide reached 5,300.8 million passenger journeys in 9M 2026.

## Sources

- [Spirit Vietnam Airlines — Doanh thu hợp nhất hơn 114.000 tỷ đồng, Vietnam Airlines duy trì tăng trưởng hai con số (30/10/2026)](https://spirit.vietnamairlines.com/bay-cao-khat-vong-cong-hien/chuyen-dong-24-7/doanh-thu-hop-nhat-hon-114-000-ty-dong-vietnam-airlines-duy-tri-tang-truong-hai-con-so.html)

- [Báo Đầu tư (Investment Newspaper) — Vượt qua mùa thấp điểm, Vietnam Airlines đạt doanh thu 39.168 tỷ đồng, lợi nhuận 319 tỷ đồng (30/10/2026)](https://baodautu.vn/vuot-qua-mua-thap-diem-vietnam-airlines-dat-doanh-thu-39168-ty-dong-loi-nhuan-319-ty-dong-d733973.html)

- [CafeF — Doanh thu Vietnam Airlines sau 9 tháng tăng 28% lên 114.480 tỷ đồng, lãi hơn 4.170 tỷ (30/10/2026)](https://cafef.vn/doanh-thu-vietnam-airlines-sau-9-thang-tang-28-len-114480-ty-dong-lai-hon-4170-ty-188261030224748237.chn)

- [Báo Chính phủ (Government Newspaper) — Đội máy bay đăng ký quốc tịch Việt Nam tiếp tục tăng trong năm 2026 (27/10/2026)](https://baochinhphu.vn/doi-tau-bay-mang-quoc-tich-viet-nam-tiep-tuc-tang-trong-nam-2026-10226102718102775.htm)

- [National Statistics Office — Báo cáo tình hình kinh tế – xã hội quý III và 9 tháng năm 2026 (03/10/2026)](https://www.nso.gov.vn/tin-tuc-thong-ke/2026/10/bao-cao-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/)

---

_Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._

_Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._