Bamboo Airways has suspended long-haul flights to destinations including Sydney, Melbourne and Frankfurt amid a severe financial crisis. Last week, Vietnam’s low-cost airline had already abruptly suspended flights to London (Gatwick).
On its website, Bamboo published a statement saying that it is undergoing a long-term restructuring process and that it is adapting and standardizing its fleet in addition to cutting low-demand flights.
However, the airline does not clarify its plans to cut transcontinental flights or end 787 operations.
Bamboo has a fleet of 29 aircraft, the majority of which are A320 and A321 jets (22 planes), in addition to five Embraer E190s.
Until recently, the carrier flew three Boeing 787-9 Dreamliner, but one of the widebodies was removed from service. Bamboo was associated with a large Boeing 777X order in 2020, but it was not confirmed.
According to FlightRadar24 records, one of the remaining 787s completed a flight to Melbourne on Sunday, October 22, while the second plane returned from Frankfurt on Friday and over the weekend took up flights between Hanoi and Ho Chin Minh.
Reservations for long-distance flights would have been canceled from November onwards. According to Boeing’s database, there were 10 787-9s pending delivery to Bamboo.
Vietnam’s air travel market is experiencing great expansion and is dominated by three airlines, Bamboo, the also low-cost VietJet and the state-owned Vietnam Airlines.