Bamboo Airways Plans To Order 12 Boeing 777X Aircrafts.



Vietnam’s Bamboo Airways expects to buy 12 Boeing 777X jumbo jets in the second quarter in what would be a multi-billion-dollar boost for the US plane-maker after it failed to win a single order for any of its aircraft in January. A deal that size would be valued at almost $5 billion based on market prices.

Bamboo Airways, which only started operating a year ago, 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 A321neos and A320s. Its first European route Hanoi to Prague is scheduled to start on March 29.

Boeing’s long-range, widebody 777x is capable of flying more than 400 passengers in a two-class configuration and will be critical for the company as it continues to battle with the grounding of its best-selling 737 Max. After an initial flurry of orders for the 777x, the pipeline started to dry up. January was the second month of no deals for Boeing since the 737 Max flying ban began in March following two deadly crashes.This planned order for 12 B777X is a welcome booster to the books of the aircraft manufacturer coming at a time when it's main rival Airbus recently announced the A350 aircraft already achieving it's break even numbers within a short period of production.

Boeing forecasts that Southeast Asia will need 4,500 new aircraft worth $710 billion over the next two decades. At the Singapore Airshow last week, senior sales executive Ihssane Mounir said the company was in discussions with customers for widebody jets and that orders were expected soon.

Bamboo Airways is owned by FLC Group and it is gradually positioning itself into becoming an airline of choice not just in South East Asia but beyond. Vietnam is one of the the fastest-growing aviation markets in the world, welcoming hundreds of thousands of tourist and visitors yearly.

Picture credit: Boeing.

Comments

Post a Comment

Popular posts from this blog

Celebrating 15 Years of Emirates A380

Image
  Emirates has been flying the Airbus A380 for 15 years now, and it’s safe to say that this superjumbo has become a cornerstone of their fleet. With 116 A380s in operation, Emirates is the biggest user of this aircraft, and they’ve got some pretty cool features to show for it. When Emirates got its first A380 on July 28, 2008, it was a game-changer. Airports had to revamp their runways and air bridges just to handle this beast. Why? Because the A380 can weigh up to 575 tonnes, which is two and a half times the weight of the Statue of Liberty. The A380 is also the largest passenger aircraft ever made. It can hold up to 615 passengers and has over 550 square meters of usable floor space. That’s a lot of room for people and even more room for luxury, which Emirates is known for. Emirates A380 First Class passengers get to enjoy 14 fully-enclosed Private Suites. You can pick your meal and bedtime, and there’s even an on-board Shower Spa. But it’s not just about First Class; the airline als
Read more

Etihad Airways and Turkish Airlines Extend Codeshare Agreement to Unlock African Destinations.

Image
  Etihad Airways and Turkish Airlines have recently expanded their codeshare partnership. This expansion which came into effect on August 24, 2023, is set to benefit travelers by offering seamless travel options to three key destinations in Africa. Under this enhanced codeshare agreement, Turkish Airlines will operate selected services with the Etihad code on the following routes: Istanbul to Abidjan (Twice weekly) Istanbul to Douala (Four times weekly) Istanbul to N’Djamena (Twice weekly) The codeshare arrangement enables passengers to enjoy the convenience of booking their entire journey on a single ticket, with the assurance of world-class service from both airlines. The addition of these African cities to the codeshare network represents a strategic move by Etihad Airways and Turkish Airlines. Africa is a region of immense economic growth and cultural diversity, making it an attractive destination for both business and leisure travelers. By tapping into this market, the airlines ar
Read more

An Argentinian Low-Cost Carrier Has Become the First Airline in the World to Allow Passengers to Resell Their Tickets.

Image
  The Argentinian low-cost carrier Flybondi has become the first airline in the world to allow passengers to resell their tickets and, in the process, earn a cut of any profit made by selling the ticket for a higher price than it was originally sold for. Similar to how concert ticket vendors like Ticketmaster have allowed resales for years, Flybondi has introduced a new platform from travel technology startup TravelX to introduce a similar concept for airline tickets. The system works by creating an NFT ticket alongside the original ticket, which is stored on the blockchain. The two tickets are synchronized and have the same fare rules, seat numbers and itineraries, allowing Flybondi to trace the NFT ticket even as it is resold or transferred to someone else. The technology currently allows resells up to 72 hours before departure, enabling both Flybondi and TravelX to earn a transaction fee whenever the ticket changes hands. Normally, airlines strictly forbid reselling tickets, but Fly
Read more