National Focus

Bamboo Airways officially licenced to operate

By Lam Giang November 09, 2018 | 03:03 PM GMT+7

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.

Zodiac Aerospace's Aura Enhanced design that Bamboo Airlines is considering for business class seating

The decision was issued after the November 8th meeting on the operation licence for Bamboo Airways, hosted by Prime Minister Nguyen Xuan Phuc with the participation of relevant ministries, sectors and localities.

Accordingly, Bamboo Airways' licensing reached a consensus. "The Prime Minister agreed on the overarching plan and assigned the Ministry of Transport to evaluate and licence this airline," said Minister, Chairman of the Government Office Mai Tien Dung.

Previously, the Ministry of Transport has sent an official letter to the Prime Minister, asking to be permitted to granting the air transportation business licence for Bamboo Airways. After the evaluation, the Ministry stated that the portfolio of Bamboo Airways was adequate, valid, as well as met the conditions regarding capital, aircraft plans, the organisation structure, business plans and product development strategies as required.

Bamboo Airways officially licenced to operate
A design for a boarding pass of Bamboo Airways

Previously, the investment policy of Bamboo Airways was approved by the Government on July 9th.

"With the air transportation business licence approved by the Government on November 8th, the final stage of preparation for the first flight scheduled at the end of this year has also been completed," said Dang Tat Thang, Bamboo Airways CEO.

Bamboo Airways’ first A319, A320 aircraft of the Airbus brand are being completed in Turkey and the Philippines, ready to arrive in Vietnam. The test flight also shows that the aircraft fully meets the technical specifications, ready to operate.

Bamboo Airways officially licenced to operate 1
The successful test flight of Bamboo Airways

It is projected that Bamboo Airways will bring about 20 aircraft to Vietnam this year and 20 to 30 more next year. The new aircraft under two contracts worth $8.8 billion signed with Airbus and Boeing are expected to be handed over from 2020.

As planned, the airline will operate about 100 routes connecting all major cities and popular tourist destinations in Vietnam and around the world. The first domestic routes are expected to be Ha Noi - Quy Nhon, Hanoi - Dong Hoi, Ho Chi Minh City - Quy Nhon, Hanoi - Ho Chi Minh City, Ho Chi Minh City - Van Don, etc.

CEO Group chairman unveils guide to Vietnam real estate for foreigners

CEO Group chairman unveils guide to Vietnam real estate for foreigners

National Focus -  6 day

Doan Van Binh, Chairman of CEO Group and Vice President of the Vietnam National Real Estate Association, introduced his latest book, “Vietnam Real Estate for Foreigners,” at a launch event in Hanoi on Friday.

Women leading the charge in Vietnam's green transition

Women leading the charge in Vietnam's green transition

National Focus -  1 month

Acting for increased women’s participation and leadership in climate action, Vietnam can accelerate a transition that is more inclusive, just, and impactful.

Steam for girls: A journey of passionate and creative girls

Steam for girls: A journey of passionate and creative girls

National Focus -  1 month

The "Steam for girls 2024" competition provides a creative platform for Steam and an opportunity for students to connect with peers from various regions within Vietnam and internationally.

Politburo backs North-South high-speed railway proposal

Politburo backs North-South high-speed railway proposal

National Focus -  2 month

The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

National Focus -  2 month

Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.

Electric vehicle market faces growth hurdles

Electric vehicle market faces growth hurdles

National Focus -  2 month

Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.