Bamboo Airways gets new CEO

By Dat Nguyen   October 23, 2023 | 05:34 am PT
Bamboo Airways gets new CEO
Luong Hoai Nam (center) is appointed as new CEO of Bamboo Airways on Oct. 23, 2023. Photo courtesy of Bamboo Airways
Bamboo Airways appointed former leader of Pacific Airlines and Air Mekong Luong Hoai Nam as its new CEO on Monday amid major restructuring.

The decision came after the private airline said last month that its creditor Sacombank wanted to be an investor and was seeking permits from authorities.

Nam, 60, graduated with a doctorate in aviation economics in Russia and has more than 30 years of experience in the field. He worked as the Head of Market Planning for Vietnam Airlines for 11 years.

From July 2004 to 2009, he was the General Director of Pacific Airlines, a subsidiary of Vietnam Airlines Group.

In mid-2012, Nam was the CEO of Air Mekong for four months.

In recent years, Nam has often appeared in the media as an aviation expert and member of the Tourism Advisory Board.

Nam has promised to speed up Bamboo Airways’ restructuring process to stabilize operations, aiming to scale the carrier’s fleet size back up to 30 jets and later 50.

Nam is the fourth CEO of Bamboo Airways this year. The company has been going through major leadership changes ever since its chairman Trinh Van Quyet was arrested in March last year.

Prime Minister Pham Minh Chinh has asked relevant ministries to find solutions to Bamboo Airways’ issues with capital, the transfer of shares to new investors, and its fleet expansion plan.

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