Hanoi (VNA) -Bamboo Airways is offering its shares to strategic foreign investors for aminimum of 160,000 VND (6.90 USD) per share.
Chairman of the airline’s boardof directors Trinh Van Quyet was cited as saying that Bamboo Airways is intalks with a foreign investor.
In October 2019, the aviationbusiness announced its IPO plan that valued the company at 60,000 VND pershare.
After that, the VietnamInspection and Valuation JSC (VIVC) valued Bamboo Airways shares at 82,280 VND pershare.
In November, Quyet confirmedthe airline will negotiate with institutional investors, not individuals,and list on the stock exchange in 2020.
On December 22, Bamboo Airwaysalso revealed it has received a Boeing 787-9 Dreamliner aircraft, increasingthe total number of in-use aircraft to 22.
The company expected to havefour Boeing 787-9 airplanes in January 2020.
After one-year operation,Bamboo Airways is exploring 34 domestic and international routes and it isseeking to expand the fleet.
The total number of aircraft isprojected to reach 30 in January 2020./.
Bamboo Airways to open Cam Ranh-Incheon direct route
Vietnam’s newest carrier Bamboo Airways has announced that it will open a direct route between Cam Ranh city in the south central province of Khanh Hoa and Incheon city in the Republic of Korea (RoK) from November 15.