CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Bamboo Airways gets closer to take-off
Ngoc Mai 11:44, 2018/08/22
The airline is expected to launch its first flight on October 10, while offering air tickets for flights starting September 2.
Vietnam's Ministry of Transport (MoT) is seeking Prime Minister Nguyen Xuan Phuc's authorization in giving aviation license to Bamboo Airways, helping the startup airline move closer to the official take-off, VnExpress reported. 
 
Illustrative photo.
Illustrative photo.
According to the MoT, documents submitted by Viet Bamboo Airlines, a subsidiary of FLC Group which operates Bamboo Airways, are qualified and meet requirements in terms of capital, avaibility of aircraft and business strategy. 

Bamboo Airways plans to provide domestic flights connecting tourist spots in Vietnam, in addition to international flights from major cities like Hanoi and Ho Chi Minh City to countries in the region. 

With this strategy, Viet Bamboo Airlines is expected to create new products and markets, enhanching competitiveness in Vietnam's aviation market and providing new options for passengers, stated the MoT. 

The inclusion of new airline is also in line with the master plan for Vietnam's aviation industry recently approved by the PM. 

Additionally, the Civil Aviation Authority of Vietnam (CAAV) is capable of supervising flight operations of Bamboo Airways, and ensuring aviation safety and security, according to the MoT. 

In addition to the required aviation license, Bamboo Airways has to secure the Aircraft Operator Certificate (AOC) for operation. 

Last week, FLC Group held a ceremony to officially launch Bamboo Airways in Binh Dinh province where the airline is headquartered. The airline is expected to launch its first flight on October 10, while offering air tickets for flights starting September 2. 

Prime Minister Nguyen Xuan Phuc has given his approval to the Bamboo Airways investment project at Phu Cat Airport, Binh Dinh province with Viet Bamboo Airlines as project owner on July 9.

In May, FLC Group signed a US$3-billion contract with Airbus to buy 24 A321neo aircraft, which are expected to be delivered to Bamboo Airlines in the agreed timeline in the 2022 - 2025 period. The airline also expected to rent an additional 10 aircraft for operation. 

One month later, FLC Group reached an agreement with Boeing to purchase 20 Boeing 787-9 Dreamliners for Bamboo Airways in a contract worth US$5.6 billion at current list prices.
Comments
Other news
18:45, 2024/11/28
Vietnam, Hesse (Germany) promote high-tech cooperation
Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.
15:34, 2024/11/27
Big discounts on offer at Hanoi's November Promotion Festival
The event is part of the Hanoi Concentrated Promotion Program 2024, held in May, July, and November, attracting up to 2,000 businesses.
17:23, 2024/11/26
Hanoi unveils 150 most popular Vietnamese products and services for 2024
The "Most Popular Vietnamese Products" voting program is part of the city's broader efforts to encourage the consumption of local goods.
16:50, 2024/11/23
Hanoi hosts the Vietnam Regional Specialties Fair 2024
This year's fair will contribute to the promotion of trade and the expansion of typical regional products, especially agricultural and food products that meet export standards.
14:06, 2024/11/20
Hanoi strengthens export competitiveness and trade protection measures
Hanoi will work with the Ministry of Industry and Trade to ensure that businesses and manufacturers are ready for new challenges.
10:49, 2024/11/16
US reiterates Vietnam is not manipulating currency
The US Treasury Department’s positive evaluation underscores Vietnam’s progress in balancing its economic and monetary policies while fostering strong bilateral relations with the US.