Spurred by strong demand for air travel in Vietnam, LCC Vietjet Air reported an operating profit for the first nine months of 2018 of VND2.4 trillion ($107 million), up 13% year-over-year (YOY). The Vietnamese LCC’s profit before tax was VND2.2 trillion, up 15.5%; the company did not provide net profit figures. Total revenue grew 50% from VND16.9 trillion to VND25.4 trillion. Revenue per ASK increased 14.8% from strong load factors. Cost per ASK was up 1.8% as a result of rising ...

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