Bamboo Airways successfully held extraordinary shareholders' meeting

On August 13 at its headquarters, Bamboo Airways successfully held an extraordinary general shareholders' meeting with the additional election of Le Ba Nguyen, Nguyen Manh Quan, Le Thai Sam and Doan Huu Doan as members of the Board of Management (BOM) in place of resigned members.

At the same time, the BOM approved electing Nguyen Ngoc Trong as chairman of Bamboo Airways’ BOM and Doan Huu Doan to assume the position of executive vice chairman of Bamboo Airways’ BOM and Le Ba Nguyen to assume the position of vice chairman for the 2019-2024 term.

Trong has been one of Bamboo Airways’ leaders since its inception and the first deputy general director since 2018. He has held the position of vice chairman of Bamboo Airways since April.

Trong holds a Master of Science and Technology, graduated from the Kiev Institute of Civil Aviation Engineers in the former Soviet Union, and received advanced training in professional management in the United States, France, Switzerland, Australia, and Ireland. He has over 40 years of experience in the aviation industry and has held many senior management positions in corporations such as Vietnam Airlines, Vietnam Airlines Engineering Company, Vietnam Air Petrol, Noi Bai Airport Services, and others.

Hence, the BOM will have five members: Trong, Doan, Le Ba Nguyen, Le Thai Sam, and Nguyen Manh Quan.

In addition, the meeting agreed to elect three members of the supervisory board: Tran Anh Tuan as head of the Supervisory Board, Pham Van Phung, and Nguyen Dang Khoa.

Bamboo Airways successfully held the extraordinary general shareholders' meeting

Impressive growth acceleration

The additional election of senior personnel is part of Bamboo Airways’ management apparatus consolidation plan to gear up the restructuring process and optimise the interests of shareholders and stakeholders, thus aiming to achieve greater goals sustainably in the new development phase.

Along with the impressive recovery momentum of the Vietnamese aviation market in general, Bamboo Airways has reached many historic development milestones in the post-pandemic period.

Constantly ranking among top airlines with optimal operational capacity, Bamboo Airways' domestic flight network has been resumed and expanded in the peak period of this summer. Earning the trust of numerous passengers, load factors of many routes are continuously recorded at high rates, frequently exceeding 80 per cent.

Bamboo Airways' international flight network also witnesses an impressive growth rate. Shortly after Vietnam officially reopened its international flight network in mid-February, Bamboo Airways launched nine new international regular non-stop routes while increasing the frequency of pre-pandemic operated flights.

As a result, Bamboo Airways' revenue in April exceeded $42,000, then reached nearly $85,000 in revenue per month from May to July. Total revenue in the second quarter is estimated to increase by 50 per cent.

Bamboo Airways operates an average of 170 flights per day, covering the domestic flight network with nearly 40 routes to 21 airports in Vietnam and 12 regular international nonstop routes to Asia, Europe, and Australia.

As of July, Bamboo Airways continues to maintain its leading position in terms of punctuality since its establishment, with an absolute safety rate of 100 per cent. The customer satisfaction rate has always remained at an excellent level. Recently, Bamboo Airways was honoured as Most Improved Airline in Asia 2022, Best Cabin Crew in Asia 2022, and Asia's leading regional airline.

In the coming time, Bamboo Airways will continue to promote and launch new international routes to markets in Asia, Europe, Australia, and further to the Americas. In particular, Bamboo Airways will focus on developing long-haul nonstop international flights connecting major continental gateway airports, thus gearing up the process of making Vietnam an aviation gateway of Southeast Asia and enhancing Vietnam's competitiveness. Additionally, Bamboo Airways targets an increase its fleet to 35 aircraft by the end of 2022, 42 by 2023, and 100 by 2028.

Along with efforts to promote operational scale, Bamboo Airways persistently pursues the goal of providing international-oriented services, thereby leveraging quintessential values of Vietnamese culture and people further on the international map.

Bamboo Airways launches first flights to Singapore and Thailand On April 28 and 29, Bamboo Airways launched two regularly-scheduled flights from Ho Chi Minh City to Singapore and Thailand, marking the airline’s first routes to Southeast Asia this year.

Bamboo Airways to experience the new generation jetliner A220 Bamboo Airways attended the demonstration flight of the A220 by Airbus, reflecting the airline’s great interest and relentless efforts in fortifying its current fleet and expanding its network.

Bamboo Airways adds regular nonstop Hanoi-Gatwick flight from $368 The airline has opened ticket sales for its regular nonstop Hanoi-Gatwick service on all distribution channels since July 8, with the first flights to be commenced from October 29.

Bamboo Airways appoints new CEO On July 29, full service carrier Bamboo Airways JSC announced a resolution on electing Nguyen Manh Quan as its new CEO who took on the position on July 27.