Vietnam Airlines is the second domestic airlines after Bamboo Airways to temporarily suspend Vietnam – South Korea flights to prevent the spread of Covid-19 epidemic.
The government has officially granted Bamboo Airways permission to increase its fleet to 30 by 2023, as the airline has fulfilled the requirements in terms of capital, human resources and infrastructure.
Bamboo Airways, the airline owned by FLC Group, has got the green light from the Ministry of Transport (MoT) to raise its fleet to 30 aircraft by 2030.
The private airline plans to start international flights to Singapore and Japan in the next couple of months.
Bamboo Airways has confirmed an order for 10 787-9 Dreamliners valued at $3 billion according to list prices.
The Prime Minister has formally approved the proposal of the Ministry of Transport on the licensing of air transportation business for Bamboo Airways, a member of the FLC Group.
The new airline Bamboo Airways, owned by FLC Group, has just announced that its first commercial flight will be moved to the fourth quarter of this year other than on this October 10 as initially scheduled.
Bamboo Airways' first flights are scheduled in October and the airline plans to open 37 domestic and international routes in the near future.
The number of airplanes ordered and purchased by Bamboo Airways is beyond the guidelines approved by the Prime Minister as well as the application for air transportation business license of the airline remains pending.
A series of resort property projects that FLC Group has been developing will enable Bamboo Airways to become more competitive in Vietnam's rapidly growing aviation market.
According to the recent resolution of FLC Group’s Board of Directors, the Group plans to increase Bamboo Airways' charter capital by $26 million, an increase from $30.4 million to $56.4 million.
The approval of Bamboo Airways project has been officially signed by Deputy Prime Minister Trinh Dinh Dung.
This commitment in $5.6 billion deal marks the first widebody long-haul airplanes for FLC Group-owned Bamboo Airways.
The majority of airlines operating expenses are fuel costs, which has increased 41 percent since the beginning of the year and it is predicted to continue increasing in the near future.
