Illustrative image (Photo: VNA) Hanoi (VNA) – The new budget carrier BambooAirways plans to list 400 million shares on Ho Chi Minh City Stock Exchange orHanoi Stock Exchange in January 2020 at the earliest.
The starting price is estimated at 50,000 – 60,000 VND (2.59USD) per share, said Deputy General Director Nguyen Khac Hai.
The carrier’s chairman Trinh Van Quyet told Bloomberg thatBamboo Airways expects to collect 100 million USD from initial public offering(IPO), raising the total chartered capital to nearly 4 trillion VND.
The airline will take the delivery of additional fiveaircraft in October 2019, towards having a fleet of 25 airplanes later thisyear and 30 next year.
Earlier, Quyet said Bamboo Airways has set the goal ofbecoming the first airline in Vietnam to tap direct flights to the US by thelate 2020.
The carrier now operates 26 domestic and international routesto Japan, the Republic of Korea (RoK) and China.
This year, it will continue expanding 37 – 40 routes,including those to the RoK, Taiwan (China) and Southeast Asia./.
The starting price is estimated at 50,000 – 60,000 VND (2.59USD) per share, said Deputy General Director Nguyen Khac Hai.
The carrier’s chairman Trinh Van Quyet told Bloomberg thatBamboo Airways expects to collect 100 million USD from initial public offering(IPO), raising the total chartered capital to nearly 4 trillion VND.
The airline will take the delivery of additional fiveaircraft in October 2019, towards having a fleet of 25 airplanes later thisyear and 30 next year.
Earlier, Quyet said Bamboo Airways has set the goal ofbecoming the first airline in Vietnam to tap direct flights to the US by thelate 2020.
The carrier now operates 26 domestic and international routesto Japan, the Republic of Korea (RoK) and China.
This year, it will continue expanding 37 – 40 routes,including those to the RoK, Taiwan (China) and Southeast Asia./.
VNA
