Bamboo Airways CEO resigns after two months

1 min readUpdated Jun 4, 2025Jul 12, 20235:06 AM

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CEO of Bamboo Airways Nguyen Minh Hai has resigned less than two months after assuming the position.

Following his resignation announced by the carrier on Tuesday, deputy chairman Nguyen Ngoc Trong will be the airline’s acting CEO.

Hai was named Bamboo Airways’ CEO in late May, replacing Nguyen Manh Quan.

Hai, 51, has a bachelor’s degree in tourism business management from Vietnam National Economics University and 25 years’ experience in the airline industry. He was deputy general director of Vietnam Airlines between April 2015 and January 2019.

In a meeting last month, Hai informed the carrier’s shareholders the company would be restructuring under a new investor, the Him Lam Corporation. He said making Bamboo Airways profitable to satisfy investor demands was a top priority.

And then also last month, Bamboo Airways accepted the resignation of four members: chairman Oshima Hideki, standing deputy chairman Nguyen Ngoc Trong, and two deputy chairmen Doan Huu Doan and Phan Dinh Tue.

The new chairman of Bamboo Airways is Le Thai Sam, who now holds over 50% of the airlines’ shares. The company has said the changes in personnel are part of its restructuring.

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What this means

The swift departure of Bamboo Airways' CEO, mere weeks into his tenure, signals deep-seated challenges within the airline's restructuring efforts. This rapid churn, following the resignations of four other key executives and the appointment of a new chairman with a controlling stake, suggests an intense period of internal reorganisation, likely pressured by Him Lam Corporation. While the company aims for profitability, such instability risks operational disruption and investor confidence. Unlike Vietnam Airlines' ambitious expansion plans, Bamboo Airways appears to be in consolidation mode. The immediate focus is on stabilising leadership and defining a clear path forward; watch for clarity on the new chairman's operational strategy and any immediate fleet or route adjustments.

Aiko Tanaka · Retail News Asia newsroom

Questions & Answers

What is the new CEO's prior experience in the airline industry?

Nguyen Ngoc Trong is currently the acting CEO. He was previously the standing deputy chairman of Bamboo Airways, though the article does not detail further experience for him in this role.

Who is the new majority shareholder of Bamboo Airways?

Le Thai Sam is the new chairman of Bamboo Airways and now holds over 50% of the airline's shares. He assumed this role following a series of resignations among the company's leadership last month.

What was the previous CEO's main objective for Bamboo Airways?

Nguyen Minh Hai's top priority was making Bamboo Airways profitable to satisfy investor demands. He had informed shareholders about the company's restructuring under new investor Him Lam Corporation.

Which other senior leaders have recently left Bamboo Airways?

Last month, the chairman Oshima Hideki, standing deputy chairman Nguyen Ngoc Trong, and deputy chairmen Doan Huu Doan and Phan Dinh Tue all resigned. Nguyen Ngoc Trong has since been named acting CEO.

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