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.
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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.