So far Bamboo Airways has been smoothly completing the necessary procedures to launch its first commercial flight. Bamboo Airways comes closer to first commercial flight Bamboo Airways meets prerequisites According to a source of VIR, last weekend the Ministry of Planning and Investment (MPI) presented to the government the results of its evaluation of the Bamboo Airways investment project at Phu Cat Airport in the central province of Binh Dinh province. Based on Article 31(1b) of the Law on Investment, the Bamboo Airways project is an air transport project under the jurisdiction of the PM. Hence, MPI has proposed the prime minister to approve the investment planning of the project and then assign the Dinh People’s Committee to supervise the implementation process and ensure it follows the planning. MPI found that the project has collected the necessary legal documents. The project is also in line with Binh Dinh’s 2020 Master Plan for Socioeconomic Development, as … [Read more...] about Bamboo Airways comes closer to first commercial flight
Bamboo airways
Bamboo Airways to try new model in high stakes local aviation market
Bamboo Airways to try new model in high-stakes local aviation market In late April, Vietnamese real estate, investment, and business service conglomerate FLC Group and its unit Bamboo Airways officially made their debut with a brand identity pack. The step is one part of the airline’s preparations for its historical step to turn the dream into a reality. It is now completing necessary legal procedures to get a licence. Bamboo Airways plans to base its business model on medium-level prices and routes to newly emerging tourism destinations to compete with national carrier Vietnam Airlines and the budget airline Vietjet. The newcomer plans to run a ‘hybrid’ business model, between traditional and low-cost airlines. It will provide services of both these models. Its ticket prices are also an average of the two models. However, it may not be easy for Bamboo Airways to compete with Vietjet, which has its image imprinted in Vietnamese people’s minds with its cheap … [Read more...] about Bamboo Airways to try new model in high stakes local aviation market
Bamboo Airways to open 40 new routes
He made the announcement at the inauguration ceremony of the brand in Hanoi last week. He said the airline was planning its routes while waiting for approval of its licence. FLC plans to serve 24 domestic and 16 international routes. In Vietnam, the airline will connect tourism complexes, such as Thanh Hoa-Quy Nhon, Thanh Hoa-Phu Quoc, Thanh Hoa-Nha Trang and Hai Phong-Quy Nhon. In the international market, Bamboo Airways will cover Japan, the Republic of Korea, China, Singapore, Thailand, Hong Kong, Taiwan and the Philippines. It also plans to open flights to the US and Europe in the long term. The airline’s logo will be a stylised symbol of bamboo leaves and stems. “For us, the bamboo tree symbolises the Vietnamese people’s desire to fly high, improving the country’s image in the international arena,” Thang said. The logo was designed by Japanese LIFT Strategic Design Company, which has designed the logos of many global airline brands, including … [Read more...] about Bamboo Airways to open 40 new routes
Bamboo Airways faces pilot shortage, lack of infrastructure
VietNamNet Bridge - Bamboo Airways, the newly established airline, faces a lack of qualified workers and weak infrastructure, according to experts. Vietnam is the fastest growing aviation market in SE Asia With annual growth rates of 16.6 percent in 2001-2014 and 20 percent in recent years, Vietnam is the fastest growing aviation market in South East Asia, according to CAPA (Centre for Asia Pacific aviation). Vietnam’s air carriers have placed big orders with international aircraft manufacturers. It is expected that the number of aircraft in the upcoming years will be two to three times higher than the current number, which will lead to increased demand for hi-tech personnel, including pilots. Vietnam’s air carriers have placed big orders with international aircraft manufacturers. It is expected that the number of aircraft in the upcoming years will be two to three times higher than the current number, which will lead to increased demand for hi-tech … [Read more...] about Bamboo Airways faces pilot shortage, lack of infrastructure
CAAV insists on granting air transport license for Bamboo Airways
Viet Bamboo Airlines Co Ltd (Bamboo Airways) has yet to produce a financial confirmation statement as required by the current civil aviation rules, but the Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport ask the Prime Minister for issuing a business license for it. Six airlines have been licenced in Vietnam. In a document sent to CAAV on June 12, Bamboo Airways, a unit of property developer FLC Group, has promised to submit a confirmation statement on its chartered capital once the scheme for the establishment of Bamboo Airways is appraised by authorities. CAAV said the company’s documents for a business license basically meet business conditions in the aviation sector under Decree 92/2016, although it has shown no financial confirmation statement as needed. Under the prevailing regulations, civil aviation investors must submit a capital confirmation … [Read more...] about CAAV insists on granting air transport license for Bamboo Airways