Airlinerwatch

FULL ARTICLE

Bamboo Airways prepares to welcome its first Airbus A320neo

Vietnam's newly launched airline Bamboo Airways is preparing to take delivery of its first Airbus A320neo aircraft.

The Vietnamese low-cost operator is expected to include an A320neo in its fleet next month. The aircraft will be the airline’s and the country’s first A320neo jet.

Bamboo Airways placed an order for 50 A320neo aircraft in 2018. Vietnam’s new operator is owned by the property and leisure company FLC Group.

The airline currently operates with ten leased aircraft. Bamboo will also take delivery of two Boeing 787-9 Dreamliner jets out of ten next year for its long-haul operations.

The operator plans to be the first Vietnamese airline to launch direct flights to the United States from Vietnam.

Last month, the company revealed its plans to raise around $100 million from a proposed IPO (Initial Public Offering) next year.
Vietnam’s civil aviation market is one of the fastest-growing markets in the Asia-Pacific region.

It recorded double-digit annual growth over the past ten years. Last year, 106 million passengers used the country's airports for air travel, 13% up compared with the previous year.

Bamboo Airways competes with another budget carrier VietJet and Vietnam’s flag carrier Vietnam Airlines.