Bamboo Airways is about to go to a new owner?
According to information, Bamboo Airways has just changed the transfer position between new and old investors to ensure the operation and development of the airline after the “fall of the horse” of Mr. Trinh Van Quyet.
On August 13, Bamboo Airways’ Extraordinary General Meeting of Shareholders took place to elect Mr. Le Ba Nguyen, Mr. Le Thai Sam, Mr. Nguyen Manh Quan, Mr. Doan Huu Doan as members of the Board of Directors (BOD). replace members who have been dismissed.
At the same time, Bamboo Airways’ Board of Directors also held a meeting and agreed to elect Mr. Nguyen Ngoc Trong as the Chairman of the Board of Directors, Mr. Doan Huu Doan as the Standing Vice Chairman of the Board of Directors, and Mr. Le Ba Nguyen as the Vice Chairman of the Board of Directors for the 2019 term. – 2024.
Mr. Nguyen Ngoc Trong is a leader who has been with Bamboo Airways since its inception, and is also the first deputy general director of Bamboo Airways since 2018. He holds the position of vice president of Bamboo Airways from April 2022.
The source said that the new investor is restructuring Bamboo Airways, separating the operations of FLC and Bamboo Airways, which are not in the same group of FLC as before, which means that the investor is aiming to take control of Bamboo Airways.
Bamboo Airways’ charter capital as of 2021 is VND 18,000 billion, due to the impact of the epidemic, the airline has lost more than VND 2,300 billion and is gradually “recovering” when the market recovers. However, to acquire Bamboo Airways, new investors need to have potential and ambition in the aviation field.
At the end of March 2022, Mr. Trinh Van Quyet, Chairman of the Board of Directors of FLC Group and Bamboo Airways, was arrested and detained to investigate violations related to stock market manipulation. Bamboo Airways’ operations are being kept pace during the restructuring process, selecting suitable and capable new investors to operate the airline.
