Increase the fleet size to 100 aircraft
Mr. Nguyen Ngoc Trong, Chairman of the Board of Directors of Bamboo Airways , said that after the successful shareholders' meeting held on May 9, the plan to convert debt and increase charter capital to VND 30,000 billion is opening up many positive prospects for Bamboo Airways' operations.
“The complete divestment from Bamboo Airways by FLC Group also makes Bamboo Airways' structure more focused and its operations independent,” the new Chairman of Bamboo Airways' Board of Directors shared, adding that these additional resources play an extremely important role, not only in the restructuring process, but also in determining the growth scale of Bamboo Airways in the coming years.
Bamboo Airways Chairman Nguyen Ngoc Trong
Many important plans that were stalled by the crisis will be restarted and vigorously promoted by Bamboo Airways.
Bamboo Airways leaders also revealed, Regarding its flight network, after completing connections with all 22 domestic commercial airports, Bamboo Airways will focus on expanding its international flight network in the near future. Priority will be given to connecting with major airports in Asia, Europe, and Australia… This will contribute to promoting Vietnam as an aviation gateway for Asia in general, enhancing the country's status as a destination.
In particular, Bamboo Airways plans to increase its fleet size to 100 aircraft in the period 2028 - 2030 depending on conditions. The work of upgrading services towards international standards continues to be a consistent policy, to effectively approach and serve customers in developed countries.
“The ultimate goal is to take Bamboo Airways beyond the limits of a Vietnamese brand to become an airline brand of Asian and world stature,” the Chairman of Bamboo Airways expressed his ambition.
In addition, to support core transportation activities, Bamboo Airways is building surrounding ecosystems, such as providing ground services, technical infrastructure, catering, cargo transportation, etc.
For digital transformation, the information technology system is constantly being improved and innovated, which will effectively support management, exploitation, and customer care activities... The focus is on the Passenger Service System (PSS) in cooperation with the world's leading technology Amadeus, which will continue to be strongly upgraded, to optimize customer experience from booking tickets to checking in at the airport, and at the same time be the foundation for international development of sales networks and international cooperation.
A modern PSS system will also be a necessary condition for Bamboo Airways to realize its goal of joining an airline alliance in the near future. In particular, throughout these goals, absolute safety in operations remains the guiding principle of all the airline's activities.
Entering the Asian market
Continuously opening international routes recently, Bamboo Airways has the ambition to expand the international market, first of all the Asian market.
“ These are all major campaigns that reshape the future of Bamboo Airways. To implement them effectively, the entire management and operations apparatus must undergo substantial reforms. This does not exclude even the most drastic changes if necessary, including in senior positions on the board of directors and executive board,” said Mr. Trong.
To prepare for these ambitious goals, the restructuring process towards a leaner organization and more professional expertise will continue to be thoroughly carried out by the company.
The composition of the board of directors will also be supplemented and renewed to create development momentum. New professional councils will be established, in charge of key operations such as technical safety and security; exploitation and services; business, etc.
Bamboo Airways aircraft
Notably, the Chairman of Bamboo Airways also revealed that he is considering joint ventures and cooperation options with prestigious international airlines to improve competitiveness. Especially the plan to recruit many talents with the highest profile at the international level.
Initially, it is expected that Mr. Hideki Oshima, former Director of International Relations and Airline Alliances at Japan Airlines, will join the Board of Directors of Bamboo Airways and hold a senior leadership position, while Mr. Masaru Onishi, former Chairman of Japan Airlines, will serve as a Senior Advisor to the Board of Directors of Bamboo Airways.
“After 4 years of operation and establishing a certain position in Vietnam, Bamboo Airways is seriously investing in a new development phase, to move quickly and strongly into the Asian market,” said Mr. Trong.
On May 9, the extraordinary general meeting of shareholders of Bamboo Airways Joint Stock Company was successfully held. Mr. Le Thai Sam received all of the more than 401.5 million Bamboo Airways shares from FLC Group. FLC Group officially divested completely from Bamboo Airways.
Including the shares transferred by FLC, after the procedures are completed, Mr. Sam could hold more than 34% of Bamboo Airways' capital. Combined with the shares after the debt swap procedures approved at Bamboo Airways' shareholders' meeting, Mr. Le Thai Sam's ownership stake in Bamboo Airways after the capital increase to VND 26,220 billion will reach 53.59%.
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