Bamboo Airways plans to order USD 5 billion worth Boeing aircraft

- A Monitor Desk Report 18 Feb, 2020 | 1588 Views|-+
Dhaka: Vietnamese carrier Bamboo Airways plans to place an order of 12 Boeing 777X jumbo jets in the second quarter valued at almost USD 5 billion, announced the airline.

After failing to win a single order for any of its aircraft in January, this multi-billion-dollar deal may come as a boost for the US aircraft manufacturer.

Commencing operations a year ago, Bamboo Airways plans to expand its fleet to 30 aircraft this quarter and to 50 by the end of the year.

The company currently operates Boeing 787-9 Dreamliners and Airbus SE A321neos and A320s.

Moreover, its first European route Hanoi–Prague is scheduled to begin on March 29.

Boeing’s long-range, widebody 777x, capable of flying more than 400 passengers in a two-class configuration, will be critical for the company as it continues to battle with the grounding of its best-selling 737 Max which began in March last year following two deadly crashes.

Also, the plane-maker forecasts that Southeast Asia will need 4,500 new aircraft worth USD 710 billion over the next two decades.

Adding to that, Vietnam has become one of the fastest-growing aviation markets in the world. However, the industry growth rate is so much that there’s concern about overcrowding.

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