Government asked to allow Bamboo Airways’ fleet expansion
The Ministry of Transport (MoT) has proposed the Government allow Bamboo Airways to increase its fleet instead of restricting the firm’s aircraft number to 30 like at present.
Hanoi (VNA) – The Ministry of Transport (MoT) hasproposed the Government allow Bamboo Airways to increase its fleet instead ofrestricting the firm’s aircraft number to 30 like at present.
In its recent document to the Prime Minister,the MoT cited the Law on Civil Aviation and some related decrees of theGovernment as regulating that the fleet of a Vietnamese carrier is considered onthe basis of market demand, the aviation sector’s development directions, andits minimum capital.
In particular, an airline with 11 – 30 aircraftmust have a minimum capital of 600 billion VND (25.9 million USD), which mustbe 700 billion VND if it wishes to operate more than 30 planes.
The MoT said these regulations do not limit thenumber of aircraft of carriers, and they can develop their fleets in accordancewith their business purposes and market demand, conditioned that they meetrelevant requirements.
Under legal regulations, Bamboo Airways canincrease its fleet to more than 30. The specific number will be considered onthe basis of aviation safety, security and infrastructure, according to thisministry.
It proposed the PM order the Ministry ofPlanning and Investment, which had suggested the approval of adjustments to theBamboo Airways air transport project in the past, to considerrevision to the fleet size of this carrier.
Earlier, the Civil Aviation Authority of Vietnam(CAAV) had asked the MoT for removing the cap on Bamboo Airways’ fleet, addingthat other carriers like Vietnam Airlines, Vietjet Air and Jetstar Pacific areall allowed to operate with an unrestricted number of aircraft.
Bamboo Airways, which launched the firstcommercial flight in January 2019, is operating 41 domestic and internationalroutes.
The company aims to gain a 30-percent share inVietnam’s aviation market and expand its flight network to 85 routes this year,including 60 domestic and 25 international ones.
As of late January 2020, it had operated morethan 20,000 flights with nearly 3 million passengers and the on-timeperformance of 94.1 percent – highest among Vietnamese carriers in 2019.
The firm is planning to expand its fleet to 50by the end of 2020./.
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An aircraft of Bamboo Airways (Photo: VNA) 
