VietJet Air: Costs kept 'well under control' in 1H2021

VietJet Air announced (20-Sep-2021) it kept costs "well under control" in 1H2021 via a series of renovation, innovation and creativity programmes and solutions to cut costs. The average operating costs per flying hour was down by 71% while the costs of sales and administration declined by 30% year-on-year. In efforts to catch up with the 4.0 industry trend, the carrier is focusing on digital transformation to develop systems while facilitating cargo transport and optimising flight operations. VietJet has been "proactively looking for alternative sources of revenue like air cargo, cost optimisation, extended aviation services and financial investments". [more - original PR]