FLC Group takes over Bamboo Airways

(Dan Tri) - Mr. Le Thai Sam, Chairman of the Board of Directors of Bamboo Airways, has proposed that FLC Group consider taking over ownership, management and operation of this airline.

This morning (September 25), Bamboo Airways Joint Stock Company held its second extraordinary general meeting of shareholders (AGM) in Hanoi .

Bamboo Airways Chairman Le Thai Sam said that continuing to own, manage and operate Bamboo Airways at the present time is beyond the financial and administrative capacity of the new group of investors. Therefore, he proposed that FLC Group consider taking over ownership, management and operation of Bamboo Airways.

FLC Group has agreed to take over the management of Bamboo Airways.

According to Mr. Sam, after a period of managing and operating this airline, the group of investors realized that air transport business is a very special industry. Mr. Le Thai Sam will continue to accompany the airline in the role of Chairman of the Board of Directors and commit to take responsibility for the performance of this airline during the restructuring period.

Bamboo Airways' extraordinary general meeting of shareholders on the morning of September 25 (Photo: Bamboo Airways).

Bamboo Airways' Board of Directors reported the results of the restructuring plan and the 2024-2028 Air Transport Business Plan. After more than 2 years, the airline saved 20% of ground service costs.

The airline currently operates 7 single narrow-body Airbus 320/A321 aircraft, operates 12 domestic routes with high passenger demand, and has temporarily suspended its regular international flight network, only maintaining international charter flights.

Mr. Sam assessed that Bamboo Airways' operations have not yet achieved the expected results when restructuring. Therefore, Bamboo Airways' general meeting of shareholders has agreed to stop implementing the above two plans.

Taking over the airline, FLC Group will focus on building a Development Plan for the 2026-2030 period.

Regarding personnel, shareholders approved the dismissal of two members of the Board of Directors, Mr. Vuong Cong Duc and Mr. Pham Ngoc Vinh. Three additional members were elected, including Mr. Truong Phuong Thanh, Bui Quang Dung and Ms. Phung Thi Thu Thao. Thus, the Board of Directors of Bamboo Airways for the 2023-2028 term will have six members.

Regarding the Board of Supervisors, the resignation of 4 members was also approved by shareholders and 3 new members were elected: Mr. Dang Ngai, Ms. Tran Thi My Dung and Nguyen Thi Thuy Linh.

Source: https://dantri.com.vn/kinh-doanh/tap-doan-flc-tiep-quan-lai-bamboo-airways-20250925130544992.htm