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Bamboo Airways to buy 26 more Airbus A321neo

Released at: 08:09, 30/03/2019

Bamboo Airways to buy 26 more Airbus A321neo

Photo: Bamboo Airways

Latest purchase to serve plan of developing fleet and opening new international routes.

by Ngoc Lan

The FLC Group’s Bamboo Airways has completed an agreement to buy 26 more narrow-bodied Airbus A321neo aircraft with a total listed value of up to $6.3 billion, serving its plan of developing its fleet and opening new international routes.

The agreement increases the carrier’s order of narrow-bodied Airbus A321 aircraft to 50, including 24 under a memorandum of understanding (MoU) signed in March 2018.

The first aircraft will be handed over in 2022.

Mr. Trinh Van Quyet, Chairman of the FLC Group, said Bamboo Airways’ fleet was developed towards the standardization of aircraft lines, with narrow-bodied aircraft being the Airbus A321neo and wide-bodied aircraft being the Boeing 787.

Bamboo Airways’ first commercial flight, from Ho Chi Minh City to Hanoi, took off on January 16, marking the beginning of official operations. The official online booking website, www.bambooairways.com, opened on January 12 and received millions of visits in its first five hours, with over 8,000 tickets sold.

It signed an agreement with the Boeing Group to buy ten 787 Dreamliners worth $2.9 billion during the second US-DPRK Summit on February 27 and 28 in Hanoi.

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, and by 2023 will open long-haul routes to the Americas, Europe, and Africa.

From March to June 2018, the airline signed two agreements totaling $8.8 billion 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.

Established in 2017, Bamboo Airways is a member of the FLC Group, has charter capital of VND700 billion ($31.1 million), and is a pioneer in the hybrid model (a combination of traditional and low-cost carriers). Passengers will be offered the same facilities as traditional airlines at only a slightly higher cost than on budget carriers.

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