Vietnam’s FLC Group Signs Airbus A321neo MOU for Bamboo Airways

Vietnam’s FLC Group has signed a Memorandum of Understanding with Airbus for up to 24 A321neo aircraft for future operation by start-up carrier Bamboo Airways.

Bamboo Airways is set to begin operations in 2019 with aircraft on lease from third party lessors before taking delivery of the aircraft covered by this MOU with Airbus.

The carrier will focus on linking international markets to Vietnamese leisure destinations, as well as on selected domestic routes.

"After evaluating carefully the competing products, FLC Group and Bamboo Airways have selected the A321neo as the most efficient option for our new operation,” said Trinh Van Quyet, Chairman of FLC Group. “The A321neo will enable us to combine comfort, efficiency and the right capacity for our planned services, which will primarily serve fast growing leisure markets in Vietnam.”

FLC Group is one of the largest conglomerates in Vietnam and is involved in a wide range of businesses including real estate development, hotel construction and management, financial services, and mining. Bamboo will in particular serve destinations where FLC Group has heavily invested in tourism infrastructure.

The A321 is the largest member of the A320 Family and can seat up to 240 passengers depending on cabin configuration. The A321neo is capable of flying up to 4,000 nautical miles non-stop.

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