Bamboo Airways plans order of 25 Boeing planes this year

Bloomberg

Vietnam’s Bamboo Airways plans to order as many as 25 narrow- and wide-body Boeing Co. aircraft this year as the nation’s newest carrier prepares for flights to the US and Europe, according to people familiar with the matter, who asked not to be identified because negotiations are underway.
The deal would increase Bamboo Airways’ Boeing fleet to 55. The carrier’s parent, property and leisure company FLC Group, agreed last year to buy 24 Airbus SE A321neo planes worth $3.2 billion at list price. The airline began service in January.
FLC shares rose as much as 2.6 percent to the highest level in almost six weeks while the benchmark VN Index fell 0.7 percent.
Bamboo Airways will sign a separate deal with Boeing to buy 10 Boeing 787-9 Dreamliners worth about $3 billion on Wednesday, ahead of US President Donald Trump and North Korean leader Kim Jong Un’s summit in Hanoi. In June, it signed a commitment for 20 Boeing Co. 787-9 Dreamliners with a list price of $5.6 billion before customary discounts.
Bamboo Airways said it plans to fly to the US later this year or early 2020, according to a statement on its website. The US Federal Aviation Administration this month gave its approval to Vietnam’s air-safety system, which will allow the Southeast Asian country’s airlines to fly to the US as it seeks to bolster tourism.