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Bamboo Airways to buy 10 more Boeing aircraft

Released at: 10:50, 25/02/2019

Bamboo Airways to buy 10 more Boeing aircraft

Source: flc.vn

Signing of latest deal to take place during US - North Korea Summit in Hanoi on January 27-28.

by Ngoc Lan

Bamboo Airways is expected to sign an agreement with Boeing to purchase ten aircraft on the sidelines of the upcoming US - North Korea Summit in Hanoi on February 27 and 28.

Owned by the FLC Group, Bamboo Airways ordered 20 wide-bodied Boeing 787 aircraft last year, costing $5.6 billion.

“We plan to sign an agreement with Boeing to buy ten more aircraft,” a senior official at the carrier said. “This is another agreement to the previous purchase of 20 aircraft. We are therefore buying a total of 30 Boeing 787s. The nearly $3-billion new deal is expected to be signed during the US - North Korea Summit.”

The airline plans to open a direct route to the US after the US Federal Aviation Administration (FAA) declares that Vietnam meets international air safety standards.

According to Mr. Trinh Van Quyet, Chairman of the FLC Group, Bamboo Airways is expected to take delivery of the first Boeing 787 aircraft in the third quarter of 2020 and is preparing for flights to the US at the end of 2019 or early 2020. “Direct flights between Vietnam and the US not only play a role in promoting tourism activities but also help to further boost bilateral trade and investment opportunities,” he added. “We are receiving great support from Boeing to deploy flights to the US.”

Bamboo Airways’ first commercial flight departed from Ho Chi Minh City to Hanoi on January 16, marking the beginning of official operations.

The carrier plans to operate 37 routes this year, connecting all major cities and popular tourist destinations in Vietnam and internationally. It will conduct 60 domestic flights each day.

In subsequent years it will add international routes to Japan, South Korea, China, Thailand, Hong Kong, and Taiwan. By 2023 it will open long-haul routes to the Americas, Europe, and Africa.

Between March and June 2018, it signed two agreements worth $8.8 billion in total to purchase A321neo and Boeing 787-9 Dreamliner aircraft.

The Civil Aviation Authority of Vietnam (CAAV) officially granted an Aircraft Operator Certificate (AOC) to Bamboo Airways on January 8.

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