Budget carrier Jetstar Pacific gets 9.1 trillion VND in total revenue in 2018. (Photo: VNA)

Hanoi (VNA) - Budget carrier Jetstar Pacific, an affiliate of Vietnam Airlines Corporation, announced its estimated total revenue was 9.1 trillion VND (390 million USD) this year, 21 percent higher than the target set early this year.

The airline said it recorded a profit after years of losses, but did not disclose the figure.

The carrier transported 6.2 million passengers this year, up 14.3 percent year on year.

In the third quarter of this year, Jetstar Pacific recorded an impressive 31.7 percent increase in domestic passengers and an 18.5 per cent increase in international passengers. It is expected that the number of passengers during the peak period of the 2019 Tet (Lunar New Year) holiday will increase by 12 percent.

According to the airline, the impressive results were achieved despite difficulties faced by the aviation industry such as fluctuations in exchange rates and rising fuel prices (up 30 per cent over the previous year).

Jetstar Pacific currently operates about 750 flights per week, covering most cities and popular tourist destinations in Vietnam, and runs international flights connected with Jetstar Group and Vietnam Airlines.

The airline’s two major shareholders are Vietnam Airlines and Qantas Airways.-VNA