ex. Game, Music, Video, Photography

Bamboo Airways okayed to expand fleet to 30 jets

Budget carrier Bamboo Airways has received permission to operate 30 aircraft by 2023, improving its profit-making chances.

Ngày đăng: 25 tháng 9, 2021
Cập nhật: 16 tháng 1, 2023
Lượt xem: 338716615
Nguồn: vnexpress

The approval, signed by Deputy Prime Minister Trinh Dinh Dung, allows the private airline to operate narrow-body jets like the Airbus A320 and wide-body jets like the Airbus A350 or Boeing B787.

But the government only permitted the airline to increase its capital from VND1.3 trillion ($56 million) to VND5.7 trillion ($245.8 million), not VND8.3 trillion ($357.9) as it has proposed.

It must mobilize capital according to actual business results and the speed of fleet expansion, the government said.

The Ministry of Finance had said earlier that as of the end of April, three months after its first flight, Bamboo Airways was recording a loss of VND329 billion ($14.2 million).

Chairman Trinh Van Quyet said at a shareholders’ meeting in June that the loss was because the airline had to pay salaries for a team big enough to operate 30 aircraft, while the airline only has10.

Bamboo Airways has over 300 pilots, of whom 80 percent are foreigners. As only 11-14 pilots are needed to operate 10 aircraft, it has 200 pilots in excess, ready to work when new aircraft are added.

Quyet said that by operating 30 aircraft, the airline could turn a profit by next year’s first quarter.

Bamboo Airways is set to fly its 10,000th flight this month after eight months of operation. It operates 25 domestic and international routes. Its international routes cover Japan, South Korea and China. It is planning long-distance flights to Germany, Czech, the U.K. and a direct flight to the U.S.

Vietnam targets to have the aviation market grow by 16 percent each year between 2015-2020, and 8 percent a year in 2020-2030.

This means that the country will have 117 million air passengers by 2023, 85 percent of whom will be catered for by Vietnamese carriers, which would need 340 aircraft in total by then.

Last year, local airlines served almost 50 million passengers, up 10.1 percent from 2017.


Từ vựng liên quan

Tin tức liên quan

 Vietnam has lowest rate of low birthweight babies in Southeast Asia
news 28/03/2021

Vietnam has lowest rate of low birthweight babies in Southeast Asia

news | 124386655

Vietnam had the lowest rate of low birthweight babies in Southeast Asia as of 2015, according to a study published earlier this month.

 PM promises strong measures to revive economy after pandemic
business 28/03/2021

PM promises strong measures to revive economy after pandemic

economy | 127496659

There will be robust policies to revive the economy, whose key sectors the pandemic has damaged, Prime Minister Nguyen Xuan Phuc said.

 Two Nigerians jailed for cheating Vietnamese women
news 28/03/2021

Two Nigerians jailed for cheating Vietnamese women

news | 126736655

Two Nigerians were sentenced to 16 and 12 years in prison for swindling more than $130,000 from Vietnamese women they befriended online.

 Taiwanese drug trafficker receives death in HCMC
news 21/03/2021

Taiwanese drug trafficker receives death in HCMC

news | 34336672

A Taiwanese man was sentenced to death in Ho Chi Minh City on Thursday for trafficking around 317 kg of heroin.

 New stock accounts in 2021 exceed previous four-year total
business 11/01/2022

New stock accounts in 2021 exceed previous four-year total

data-speaks | 364956605

Vietnam’s stock market welcomed 1.53 new retail stock accounts last year, 1.5 times higher than the total of the previous four years, showing surging demand for the asset.

 Vietnamese produce struggle to enter China
business 22/03/2021

Vietnamese produce struggle to enter China

industries | 58886665

Agriculture exports to China dropped 9.2 percent year-on-year in January-July as exporters failed to meet tightened quality standards.

New Covid-19 outbreak cramps Vietnamese showbiz again
life 22/09/2021

New Covid-19 outbreak cramps Vietnamese showbiz again

culture | 332776613

Live shows and film premieres are being postponed or canceled as the latest Covid-19 outbreak puts Vietnamese showbiz on the back foot again.

 Music: Thao, and the Strange Songs
travel-life 31/03/2021

Music: Thao, and the Strange Songs

what-s-on | 175026673

Listen to the mesmerizing voice of the Little Mermaid.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…