VnExpress International
The most read Vietnamese newspaper
Vietnamese Edition
| Contact us | Follow us on       
Business DataSpeaks Property Markets Companies Economy Exchange rate Money Quiz
reddit Share via X Print

Bamboo Airways hikes capital by 50 pct

By Dat Nguyen   February 22, 2021 | 09:30 pm PT
Bamboo Airways hikes capital by 50 pct
An aircraft of Bamboo Airways prepares to land at Tan Son Nhat International Airport in Ho Chi Minh City. Photo by Shutterstock/Phuong D. Nguyen.
Bamboo Airways has increased its charter capital by half to VND10.5 trillion ($458 million), its fifth hike in less than four years since establishment.

The airline, in which conglomerate FLC owns a 51.29 percent stake, posted a pre-tax profit of over VND400 billion last year, up 34 percent from 2019.

The airline began flying in 2019, and carried over four million passengers last year, a 40 percent increase from the previous year.

It has a fleet of nearly 30 aircraft and plans to expand it to 50 this year. It has the best on-time performance in the country.

 
 
go to top