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.
The high-tech pharmaceutical complex project invested by FLC Group is expected to be built on an area of over 500 hectares in Van Don district, Quang Ninh province.
Bamboo Airways' first flights are scheduled in October and the airline plans to open 37 domestic and international routes in the near future.
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.
Bamboo Airways has contacted many partners to lease 10 aircraft which are planned to come into operation in the fourth quarter of this year, according to the airline’s representative.
Bamboo Airways may pose a risk of competition with Vietnam Airlines or Vietjet Air; however, this prospect will only happen as early as 2019.
FLC Group has signed a Memorandum of Understanding with Airbus for up to 24 A321neo aircraft for future operation by start-up carrier Bamboo Airways.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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