Vietnam-based Bamboo Airways has announced it will launch on December 29, the company said.
The first flight will depart Hanoi for Quy Nhon where the airline´s parent company operates a hotel.
The first international flights are expected to serve South Korea and Japan in the second or third quarter of 2019. Korea and Japan are the second and third largest supply markets for tourism into Vietnam.
The airline plans to have a fleet of 30 planes and has signed a MoU with Airbus for 24 A321s and has an order on the books for 20 Boeing 787 Dreamliner aircraft, worth USD 8.6 billion at list prices, scheduled for delivery from April 2020.
This latest joint venture will give Vietnam its sixth airline joining Vietnam Airlines, Vietjet Air, Jetstar Pacific, VASCO and Bamboo Airways.
AirAsia operates 141 return flights weekly on 13 routes — including six unique routes — connecting Hanoi, Ho Chi Minh City, Danang, Nha Trang and Phu Quoc with Kuala Lumpur, Penang and Johor Bharu in Malaysia, Bangkok and Chiang Mai in Thailand and Manila in the Philippines and has carried 12 million passengers to and from Vietnam since entering the market in 2005.
Vietnam received 14.12 million foreigners in the first 11 months of the year, up 21.3% year-on-year and exceeding last year´s 12.9 million, according to the General Statistics Office.