VietJet Aviation signed Starlink deal for 120 aircraft: what it means for VietJet Aviation stock

Published on 10/08/2026 at 11:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 44.00 percent year over year to VND 51,536 billion. One analyst set a VND 132,800 target for VietJet Aviation stock.

VietJet Aviation, VN000000VJC7, Illustration mit AI erstellt.

VietJet Aviation (ISIN VN000000VJC7) signed a Starlink agreement covering 120 aircraft on September 24, 2026, creating a new technology angle for VietJet Aviation stock. As Tuoi Tre News reported, the initial installation plan covers 100 Airbus A321 and Boeing 737 aircraft plus 20 Airbus A330 aircraft.

Starlink expands the onboard offer

The agreement is designed to provide free high-speed Wi-Fi across VietJet flights, including over oceans and remote areas. The initial 120-aircraft rollout gives the partnership a measurable operating scope, while future aircraft are also intended to receive the service, according to Tuoi Tre News.

For the airline, the commercial question is whether connectivity becomes a standard service that supports passenger appeal rather than a premium add-on. The agreement also places VietJet's digital aviation plans alongside its fleet expansion and international network.

Revenue rose 44.00 percent

Vietjet Air reported consolidated revenue of VND 51,536 billion for the first six months of 2026, up 44.00 percent from the same period of 2025. The figure reached 59.40 percent of the annual target, giving investors a direct comparison between first-half performance and the full-year plan.

Consolidated profit after tax stood at VND 1,372 billion for the first half of 2026, equivalent to 64.50 percent of the annual plan. Revenue growth therefore came with a substantial portion of the yearly target already achieved, while the profit figure remains the key measure for judging how effectively the expanded network converts demand into earnings.

One analyst sets VND 132,800 target

The latest analyst page from Investing.com lists a 12-month average target of VND 132,800 and a Neutral consensus based on one analyst. The same page shows one Hold view, with zero Buy and zero Sell recommendations.

That limited analyst sample makes the target a narrow reference point rather than a broad market consensus. The combination of a defined Starlink rollout, 44.00 percent first-half revenue growth and profit equal to 64.50 percent of the annual plan gives the stock a business-performance framework beyond the connectivity announcement.

HOSE listing anchors the company

VietJet Aviation is listed on the Ho Chi Minh Stock Exchange under ticker VJC.VN and operates in the Industrials sector, as identified by Global Banking & Finance Review. The official company website lists more than 120 domestic and international routes, more than 400 daily flights and more than 100 aircraft, linking the 120-aircraft Starlink rollout to an established operating platform.