Vietnamese start-up airline Bamboo Airways has signed a deal with Boeing for commitment of 20 787-9 Dreamliners as it looks to launch long-haul operations to international markets.
The agreement is worth $5.6 billion at current list prices when finalised and announcement was made during a signing ceremony at the US Chamber of Commerce office.
As part of the deal, Bamboo Airways completed the deposit requirement in mid-June to reserve the 20 aircraft, which are tentatively schedule to deliver from April 2020 through 2021.
Bamboo Airways chairman of the FLC Group which owns the carrier, Trinh Van Quyet said: “We are excited to introduce these new 787 Dreamliners into our fleet as we prepare to launch long-haul operations to international markets.
“Our long-term vision is to connect Vietnam to key markets within Asia, Europe and North America and the capabilities of these new state-of-the-art Dreamliners will help us achieve our goals.
“The 787’s superior economics and efficiency, as well as the passenger pleasing interior of the Dreamliner will allow us to successfully grow our business while enabling us to better serve our customers.”
Bamboo Airways is a start-up airline that plans to begin commercial operations in 2019 out of the capital city of Hanoi. The carrier plans to offer flights within Vietnam before expanding into other Northeast Asian markets such as China, Korea and Japan.
Since 2011, more than 690 Dreamliners have been delivered to operators, flying over 255 million people on more than 680 unique routes around the world, saving an estimated 25 billion pounds of fuel.