Bamboo Airways finally takes to the skies

Bamboo Airways Finally Takes To The SkiesVietnam’s new private airline, Bamboo Airways, will commence commercial flights on January 16 after repeated delays, the company said in a statement to news agencies. Initially, the carrier will operate 37 domestic routes and also start international flights to Asian countries this year, starting with Japan, South Korea and Singapore, it said.

After receiving a business license last November, the company secured an Air Operator Certificate from the Civil Aviation Administration of Vietnam earlier this week, allowing it to start services after having postponed its launch date twice.

Minimum ticket prices for the first domestic routes have been set at an ultra-cheap 149,000 dong ($6.42) each. Hotel and leisure company FLC Group, which owns Bamboo Airways, will be competing in one of the world’s fastest-growing aviation markets against state-owned Vietnam Airlines and budget carrier VietJet.

Bamboo Airways will initially use 20 leased narrow-body and wide-body aircraft. FLC agreed to buy 24 Airbus A321neo planes worth $3.2 billion at list price for Bamboo Airways. Back in June, it signed a commitment for 20 Boeing twin-aisle 787-9 Dreamliners at a list price of $5.6 billion.

The International Air Transport Association (IATA) forecast that Vietnam will be among the world’s top five fastest-growing air travel markets in the next 20 years. The route between Hanoi and Ho Chi Minh City is already the world’s sixth-busiest in terms of passenger numbers last year, according to IATA

Vietnam’s airports in 2018 handled 106 million passengers, a 12.9-per cent increase over the previous year, according to a statement on the Civil Aviation Authority of Vietnam’s website. Vietnamese carriers flew more than 50 million passengers, a 14-per cent jump from 2017.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

Vietnam’s new private airline, Bamboo Airways, will commence commercial flights on January 16 after repeated delays, the company said in a statement to news agencies. Initially, the carrier will operate 37 domestic routes and also start international flights to Asian countries this year, starting with Japan, South Korea and Singapore, it said. After receiving a business license last November, the company secured an Air Operator Certificate from the Civil Aviation Administration of Vietnam earlier this week, allowing it to start services after having postponed its launch date twice. Minimum ticket prices for the first domestic routes have been set at...

Bamboo Airways Finally Takes To The SkiesVietnam’s new private airline, Bamboo Airways, will commence commercial flights on January 16 after repeated delays, the company said in a statement to news agencies. Initially, the carrier will operate 37 domestic routes and also start international flights to Asian countries this year, starting with Japan, South Korea and Singapore, it said.

After receiving a business license last November, the company secured an Air Operator Certificate from the Civil Aviation Administration of Vietnam earlier this week, allowing it to start services after having postponed its launch date twice.

Minimum ticket prices for the first domestic routes have been set at an ultra-cheap 149,000 dong ($6.42) each. Hotel and leisure company FLC Group, which owns Bamboo Airways, will be competing in one of the world’s fastest-growing aviation markets against state-owned Vietnam Airlines and budget carrier VietJet.

Bamboo Airways will initially use 20 leased narrow-body and wide-body aircraft. FLC agreed to buy 24 Airbus A321neo planes worth $3.2 billion at list price for Bamboo Airways. Back in June, it signed a commitment for 20 Boeing twin-aisle 787-9 Dreamliners at a list price of $5.6 billion.

The International Air Transport Association (IATA) forecast that Vietnam will be among the world’s top five fastest-growing air travel markets in the next 20 years. The route between Hanoi and Ho Chi Minh City is already the world’s sixth-busiest in terms of passenger numbers last year, according to IATA

Vietnam’s airports in 2018 handled 106 million passengers, a 12.9-per cent increase over the previous year, according to a statement on the Civil Aviation Authority of Vietnam’s website. Vietnamese carriers flew more than 50 million passengers, a 14-per cent jump from 2017.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

NO COMMENTS

Leave a Reply