Viet Nam's Bamboo Airways to wet-lease two E195s

China Southern Airlines ends E190 operations

Viet Nam’s Bamboo Airways raises charter capital to $455mn

Bamboo Airways (QH, Hanoi) has conducted its fifth charter capital increase so far, raising it by about one third to VND10.5 trillion dong (USD455 million), up by VND3.5 trillion (USD152 million), it revealed in a statement on February 23.

The Vietnamese leisure-focused carrier, in which the travel holding FLC Group currently holds a 51.29% stake, commenced flight operations in early 2019 and has expanded rapidly despite the impact of the coronavirus pandemic. Earlier this month it posted a pre-tax profit for 2020 of over VND400 billion (USD17.4 million), up 34% from 2019, having carried over four million passengers during 2020, a 40% increase from the previous year.

Bamboo Airways’ charter capital began with an initial investment of VND700 billion (USD31 million at the time), rising to VND1.3 trillion (USD56 million) in September 2019, which under Vietnamese government rules is the minimum capital for an airline to operate 30 aircraft on domestic and international flights.

This has increased steadily since then, including the previous rise, in October 2020, to VND7 trillion (USD300 million).

According...

Vietnam Airlines plots scheduled US debut in 2Q21

Viet Nam's Bamboo Airways adds first in-house E190

Bamboo Airways (QH, Hanoi) began in-house Embraer operations on February 1, 2021, with the deployment of ERJ 190-100LR VN-A266 (msn 19000570), Flightradar24 ADS-B data shows.

The 8.4-year-old regional jet, owned by CDB Aviation, was operated by China Southern Airlines (CZ, Guangzhou) through February 2020, the ch-aviation fleets history module shows. It was originally due to deliver to MAI - Myanmar Airways International (8M, Yangon) in 2021. However, due to the ongoing severe restrictions on travel in and to Myanmar, preceding the recent military coup d'etat likely to further dampen demand, the aircraft was transferred to the Vietnamese carrier.

While Bamboo Airways has yet to file schedules for the E190, ADS-B data indicates that it is currently deploying the aircraft from Ho Chi Minh City to Hanoi, Banmethuot, and Pleiku.

The fast-growing Vietnamese carrier already wet-leases five Embraer aircraft under long-term deals: two ERJ 190-200LRs from Great Dane Airlines (DW, Aalborg) and three ERJ 190-200ARs from LOT Polish Airlines...