Skip to content
RetailNews Asia
General

Bamboo Airways inks deal for 26 Airbus aircraft

By Mei Ling Tan
1 min read
Bamboo Airways inks deal for 26 Airbus aircraft
Bamboo Airways inks deal for 26 Airbus aircraft

Private airline Bamboo Airways will buy 26 new narrow-body Airbus aircraft as it expands operations. The value of the deal is $6.3 billion, based on list price, chairman Trinh Van Quyet told. With the previous order of 24 aircraft of the same model last year, the airline has ordered 50 in total.

Quyet said that the first of the A321Neo planes will be delivered in 2022.

Bamboo Airways had previously said that it was considering purchasing 25 narrow-body Boeing 737 MAX, which has been grounded internationally after two deadly crashes within a space of five months.

Last month, Bamboo Airways had inked a deal with Boeing for 10 wide-body 787-9 Dreamliners worth almost $3 billion.

Starting this year, the airline operates 17 domestic flight routes. It plans to start international flights next month, with Japan, Singapore and South Korea mentioned as possible destinations.

It also plans to fly to Europe in June and directly to the U.S. by the end of this year or early next year.

Bamboo Airways is one of five airlines operating in Vietnam. The others are state-owned Vietnam Airlines, budget airline Vietjet, low-cost carrier Jetstar Pacific and Vietnam Air Services Company (VASCO).

Local airlines served almost 50 million passengers last year, up 10 percent from 2017.

Weekly Briefing

Asia's retail intelligence, in your inbox

We respect your inbox as much as we value your time. That's why we only send carefully curated weekly updates, packed with the most relevant news, trends, and insights from the retail industry across Asia and beyond.

Protected by a quick human check. No spam, ever.