Bamboo Airways to operate three aircrafts in 2019
Friday, August 10,2018AsemconnectVietnam - Bamboo Airways, owned by property developer FLC Group, is scheduled to operate three aircrafts by 2019 as it officially becomes operational after receiving its licence.
The Civil Authority of Viet Nam (CAAV) has submitted to the Minister of Transport a report on the appraisal results of its application for an air transportation business licence for Bamboo Airways Company Limited.
Vo Huy Cuong, CAAV’s deputy director, said the company was found eligible to operating its airline.
“The Bamboo Airways application meets all requirements of capital, aircrafts, organsational structure and business strategy,” the CAAV said.
Its aircrafts were granted licences from the European Aviation Safety Agency (EASA) and CAAV.
According to the application, Bamboo Airways would operate three to 20 aircrafts in the 2019-23 period. FLC Group signed an agreement with CDB Aviation Lease Finance (Hongkong) to lease three A320 aircrafts over eight years. In addition, the group also signed a memorandum of understanding (MoU) on buying 24 A321 NEO aircrafts.
The Bamboo Airways Company Limited has charter capital of VND700 billion (US$31.4 million). It was granted a business registration licence from Ha Noi’s Department of Planning and Investment on May 31, 2017 for aviation passenger and goods transport.
Bamboo Airways also signed an MoU with CAAV on using landing services and security check-ups at airports of Tan Son Nhat, Noi Bai, Phu Cat, Dong Hoi, Tho Xuan and Cat Bi.
The airlines will operate direct routes connecting Ha Noi, Quang Ninh, Quy Nhon, Quang Binh and Thanh Hoa with China, South Korea, Taiwan, Macau and Japan.
FLC plans to have its first flight on October 10th and will start to sell tickets next month.
FLC said its first customers would enjoy promotion programmes with combo packages offering air tickets and the use of golf services and accommodation at its resorts.
FLC aims to make Bamboo Airways one of the leading airlines in Viet Nam, said Dang Tat Thang, Bamboo Airways’ general director.
Bamboo Airways will be a hybrid airline blending aspects of traditional and budget airlines to meet the demands of every market segment.
Source: Bizhub.vn
In 2023, Refrigeration Electrical Engineering (REE) plans to increase profit slightly by 0.3% to VND 2,700 billion
PVOIL (OIL): Outstanding output growth in 2022
Sudico AGM (SJS): Growth target in 2023 from 10-15% of revenue
In 2023, Hoang Huy Investment Services (HHS) expects profit up and dividend of 8%
2023 Nam A Bank (NAB) Annual General Meeting of Shareholders: List shares and expand overseas branches
Mobile World (MWG) plans to increase its profit slightly to VND4,200 billion in 2023
Masan (MSN) continues to attract foreign capital up to VND15,000 billion
Century Synthetic Fiber Coporation (STK) successfully approached USD52.5 million in syndicated loans
Hoa Sen AGM for the year 2022-2023 (HSG): HSG will be profitable in March, April and May 2023
Fitch Ratings first international credit rating with GAS at “BB”
PVCoating (PVB) executes a pipe wrapping contract for Vietsovpetro
Hoang Anh Gia Lai (HAG) earns VND108 billion profit in February 2023
Nam A Bank (NAB) expects VND2,400 billion dong pre-tax profit, 25% dividend
475,000 tons of Hoa Phat steel (HPG) were consumed in February
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...