Bamboo Airways to launch first flight in October

Bamboo Airways – of the Viet Bamboo Airlines Co., owned by property developer FLC Group – plans to see its first flight take off on October 10.
Hanoi (VNA) – Bamboo Airways – of the Viet BambooAirlines Co., owned by property developer FLC Group – plans to see its firstflight take off on October 10.

Tickets are expected to be available for sale on September 2along with various promotional programmes, some of which offer attractive packagesfor flight tickets with FLC golfing and accommodation services.

The Viet Bamboo Airlines Co., was established in 2017 with acharter capital of 700 billion VND (31.4 million USD).

According to Director of Bamboo Airways Dang Tat Thang, theairline will take a different path from its domestic counterparts, elaboratingthat it will focus on direct services connecting international markets withemerging tourist destinations in Vietnam, instead of major urban areas wherethe aviation infrastructure is already overloaded.

Priority will be given to localities where FLC has builtmajor tourist complexes, including Quang Ninh and Hai Phong in the north; ThanhHoa and Quy Nhon (Binh Dinh province) in the central region; and Nha Trang(Khanh Hoa province) and Phu Quoc (Kien Giang province) in the south, he said.

The FLC has geared Bamboo Airways as a ‘hybrid’ airline,blending low-cost traits with those of traditional or full-service carriers.The group has also invested in infrastructure for aviation operations, such asupgrading Phu Cat Airport in Quy Nhon City and key roads connecting the airportto Nhon Hoi Economic Zone.

Prior to the Government’s approval of its operation licenceon July 9, 2018, the airline had already signed deals worth a total of 8.6billion USD to purchase 44 Boeing and Airbus aircraft in March and June.

Among its latest moves, Bamboo Airlines raised its chartercapital to 1.3 trillion VND (56.69 million USD), which was important for theairline to run a fleet of over 30 aircraft.

According to the Ministry of Transport, the aviationmarket’s annual growth rate will be 16 percent from now to 2020, and 8 percentfor 2020-2030. Local airlines are expected to serve 64 million passengers by2020 and 131 million passengers by 2030. -VNA
VNA

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