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Bamboo Airways
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Nearly 46,000 flights by Vietnamese airlines delayed in 8 months
Around 46,000 flights operated by Vietnamese airlines were delayed in the first eight months of 2024, accounting for 26% of all flights, according to the Civil Aviation Authority of Vietnam.
Carriers struggle to ease aircraft shortage
Vietnamese airlines have been taking various measures in the face of a fleet contraction triggered by the manufacturer’s engine recall, including adding and replacing aircraft.
CEO's 'ambitious' target: Bamboo Airways to break even in 2025
Bamboo Airways hopes to break even in 2025 and become profitable in the following years, CEO Luong Hoai Nam has said.
July 17, 2024 | 11:14 pm PT
Vietnamese airlines told to rent planes amid global shortage
The Civil Aviation Authority of Vietnam (CAAV) has requested airlines to rent planes to replace those that were suspended after being recalled due to malfunctioned engines.
July 1, 2024 | 02:09 am PT
Aviation policy panned as not conducive to attracting foreign investment
The aviation market only has domestic players after the low foreign ownership cap and high risk of losses have caused foreign players to exit over the years, analysts said.
June 20, 2024 | 08:37 pm PT
High aircraft lease prices make carriers reluctant to expand: Bamboo Airways CEO
Rising jet leasing prices make Vietnamese airlines reluctant to expand their fleets since they fear their losses might then increase, Bamboo Airways CEO Luong Hoai Nam said.
June 13, 2024 | 03:02 pm PT
Vietnam issues search warrant for former Bamboo Airways chairman amid criminal allegations
The Ministry of Public Security is searching for Dang Tat Thang, former chairman of property giant FLC and Bamboo Airways, to verify a Sacombank's report about signs of him committing crimes.
May 23, 2024 | 07:06 am PT
Why airfares won't drop anytime soon
Bringing down fares now is nearly impossible for Vietnamese carriers as a shortage of jets poses operational headaches and post-Covid difficulties still linger, industry insiders have said.
May 19, 2024 | 03:19 pm PT
Night flight discounts cool down summer airfares
The average domestic airfare during the peak summer season between June and August has decreased with carriers rolling out discounts on night flights on popular routes.
May 16, 2024 | 08:32 pm PT
Why do airfares surge?
Airfares in Vietnam have risen in double-digits year-on-year, driven by a shortage of aircraft.
May 9, 2024 | 11:00 pm PT
High fares boost airlines' revenues, profits in Q1
Airlines’ revenues increased sharply in the first quarter of this year mainly due to high fares, with some even making profits for the first time since the Covid-19 outbreak.
May 7, 2024 | 08:54 pm PT
Sacombank assures no loss on $141M loan to Bamboo Airways
Sacombank has assured that it will not lose the VND3.58 trillion (US$141 million) it has lent to Bamboo Airways, citing that the loans are secured by high-value assets.
April 26, 2024 | 09:20 pm PT
Airlines race to lease jets amid global shortage
Vietnamese airlines are racing to lease aircraft as the peak travel season approaches but they are concerned of a shortage in supply and high prices.
April 5, 2024 | 12:45 am PT
Domestic airfares begin cooling down
North-south airfares, including on the Hanoi-HCMC route, have halved from a week ago.
March 10, 2024 | 11:01 pm PT
Why domestic air services are contracting and fares are rising?
Aircraft shortages, rising costs and airlines’ shift towards international travel means the number of flights between the north and south has declined and airfares have shot up.
March 4, 2024 | 12:44 am PT
Bamboo Airways to suspend flights to Con Dao island
Bamboo Airways is set to suspend flights from Hanoi and Ho Chi Minh City to travel hotspot Con Dao Archipelago in southern Vietnam starting from April.
February 23, 2024 | 05:18 am PT
Several air routes fully occupied despite new jet leases
Vietnamese airlines leased 12 aircraft last month to meet high travel demand during the upcoming Lunar New Year holiday, but many routes are still sold out.
February 1, 2024 | 03:00 pm PT
Vietnam Airlines to employ Bamboo Airways’ excess staff
Vietnam Airlines is planning to employ pilots and flight attendants terminated during downsizings at other airlines, including Bamboo Airways, said Le Hong Ha, CEO of the national flag carrier.
December 30, 2023 | 03:00 am PT
Deputy PM tells ministries to help resolve Bamboo Airways' woes
Deputy Prime Minister Le Minh Khai has instructed government agencies to help Bamboo Airways resolve its difficulties by year-end.
December 24, 2023 | 07:41 pm PT
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