BackStories » Vietnam » FLC Group Pumps $26m More Into Bamboo Airways, Prepares for First Flight This October

On July 9, Deputy Prime Minister Trinh Dinh Dung approved the establishment of FLC Group’s Bamboo Airways, according to VnExpress.

Following the approval, FLC decided to invest an additional US$26 million into the airline bringing its total charter capital to US$56 billion.

Bamboo Airways will be based at Phu Cat Airport, located just outside Quy Nhon in Binh Dinh Province. The conglomerate also announced that its first flight has been scheduled for this October.

Dang Tat Thang, the airline's general director, stated that the company is positioned as a “hybrid airline,” which is a combination of two elements: traditional and budget aviation. The airline’s vision is to develop high-quality aerial service that meets the expectation of every customer segment.

FLC also said that it plans to eventually operate international flights from the United States and Europe to tourist spots in Vietnam where FLC’s properties are located, while also planning domestic flights to those locations. Quy Nhon is the site of a large new FLC hotel resort

The establishment of Bamboo Airways constitutes the newest venture by FLC, and adds another carrier to Vietnam's airline industry alongside flagship carrier Vietnam Airlines, budget carriers Jetstar Pacific Airlines and VietJet Air, and Vietnam Air Services Co.

[Photo via Bamboo Airways]

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