Bamboo Airlines launching in VN in 4Q of 2018

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ExPenhMan
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Bamboo Airlines launching in VN in 4Q of 2018

Post by ExPenhMan »

No details yet on flight cities but they will compete with VietJet (probably the airline with the worst on-time performance) and pricy Vietnam Airlines. Expect pricing to be a bit higher than VJ.
Vietnam’s newest commercial carrier Viet Bamboo Airways will officially enter operation in the final quarter of 2018, according to owners the FLC Group.

Bamboo Airways director Dang Tat Thang said at a press conference on April 20 that they were completing paperwork for the Ministry of Planning and Investment and the Ministry of Transport. They have signed a contract with Airbus to buy 24 A321 NEO aircraft and will start receiving the planes starting from 2021.

"In order to meet the date, we'll hire 10 aircraft and receive the A321 NEO in the coming years," he said.

He went on to say that Bamboo Airways would be a hybrid carrier. Thang promised that the ticket prices will be higher than Vietjet Air's prices just a little but passengers would be provided with what they described as five-star services.

Besides popular domestic routes that connect with many tourism destinations such as Nha Trang and Quang Ninh, their international flights will mostly to key markets in North-eastern Asia including Japan, South Korea, China, Singapore and Thailand. In the long-term, they will also expand markets to the US and Europe.

Deputy Director Nguyen Ngoc Trong is optimistic about the potential development. "With 100 million potential passengers and increasingly-popular air travel, there's a big enough market for two more airlines," he said.

Bamboo Airways is expected to be a huge competitor to Vietnam Airlines and Vietjet Air who account for most of the market share. Vasco is still small in business and Jetstar Airlines is operated by Vietnam Airlines.

However, many people doubt Bamboo Airways' competitiveness. In past years, many startup airlines had shut down or went bankrupt. The Indochina Airlines still owes VND30bn (USD1.31m) in debts and the Air Mekong also owes VND26bn.

Trong said that many airlines failed because of human resources, choice of aircraft or targeted passengers. He said they would start to be profitable from the second year.

"We'll try not to repeat the same mistakes and aim to bring 10 planes into operation every year," he said.
http://dtinews.vn/en/news/018/56160/bam ... e-off.html

More info at Saigoneer:

https://saigoneer.com/vietnam-travel/13 ... -this-year
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Re: Bamboo Airlines launching in VN in 4Q of 2018

Post by xxxxxxx »

That airline name doesn't exactly inspire confidence.

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bolueeleh
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Re: Bamboo Airlines launching in VN in 4Q of 2018

Post by bolueeleh »

stupid name, just like name a shipping company paper boat company :ROFL:
Money is not the problem, the problem is no money
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Re: Bamboo Airlines launching in VN in 4Q of 2018

Post by CEOCambodiaNews »

UPDATE
Bamboo Airways chairman resigns from FLC board
By Anh Tu August 11, 2023 | 10:18 pm PT
Bamboo Airways chairman Le Thai Sam has resigned as a director of FLC Group, and shareholders will consider it at the upcoming annual general meeting.

Sam joined the FLC board in July last year when the company was going through major leadership changes.

He is also a creditor to the company, having loaned it VND620 billion (US$26.1 million).

In May FLC agreed to transfer its over 400 million shares in Bamboo Airways to him, and said it had completely separated from the airline.

Sam now owns more than 50% of Bamboo Airways.

He became its chairman in early July in place of Oshima Hideki, a Japanese national.

Sam has more than 30 years’ experience in running property, services, finance, and banking businesses.
https://e.vnexpress.net/news/business/c ... 40910.html
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Re: Bamboo Airlines launching in VN in 4Q of 2018

Post by cabron »

xxxxxxx wrote: Mon Apr 23, 2018 10:28 pm That airline name doesn't exactly inspire confidence.

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It sound like aero maybe airline.
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