Thursday,  Nov 15, 2018,12:50 (GMT+7) 0 0
Government approves licensing of Bamboo Airways
By Le Anh
Friday,  Nov 9, 2018,13:05 (GMT+7)

Government approves licensing of Bamboo Airways

By Le Anh

Bamboo Airways’ test flight takes place successfully – PHOTO: BAMBOOAIRWAYS

HCMC – The prime minister has approved the Ministry of Transport’s proposal to issue a business license for aviation transport to Bamboo Airways, a subsidiary of property developer FLC Group, according to Document 1566 dated November 8.

A news release from Bamboo Airways stated that the decision was made after the Government’s regular meeting on November 8, chaired by Prime Minister Nguyen Xuan Phuc, on issuing Bamboo Airways an air transport business license.

Accordingly, the licensing of the new carrier had won the approval of the relevant ministries, departments and agencies prior to the prime minister’s final say. The prime minister has assigned the Ministry of Transport to issue a license for the carrier.

Earlier, the ministry had proposed the prime minister allow the ministry to grant a business license for aviation transport to Bamboo Airways as its application was sufficient and legal and had met necessary conditions in terms of capital, number of aircraft, system organization, business method and development strategy, in line with Government Decree 92.

The Ministry of Transport also praised the company’s goal to exploit air routes for tourism growth, including domestic flights connecting tourist spots in the country and direct international flights to local destinations.

According to the ministry, its development strategy will produce new products and expand source markets, boosting the competitiveness of the market and offering passengers more options.

Bamboo Airways on July 9 received the Government’s approval in principle for its air transport project.

Dang Tat Thang, general director of Bamboo Airways, remarked that all preparations for the maiden flight, set to depart in the fourth quarter this year, have been completed.

A320 and A319 aircraft, which underwent a successful test flight, are being readied for its upcoming maiden flight.

Bamboo Airways is expected to have a fleet of 20 aircraft this year and to add 20-30 planes in 2019 to ensure its services run smoothly. Besides this, new aircraft from two contracts valued at US$8.8 billion between Bamboo Airways and Airbus and Boeing will be handed over to the carrier in 2020.

As planned, the carrier will operate some 100 air routes in Vietnam and internationally. Its first domestic air services are Hanoi-Quy Nhon, Hanoi-Dong Hoi, HCMC-Quy Nhon, Hanoi-HCMC and HCMC-Van Don.

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