Vietnam Airlines To Sell Planes

Vietnam Airlines has confirmed that it is going to auction 11 of its older Airbus A321 CEO aircraft.

Vietnam Airlines take off credit Ikasara on flickr

The Vietnamese flag carrier announced the news earlier this week with bids for the aircraft being accepted until 29th June.

The 11 planes are all more than 12 years old and were built between 2004 and 2008.

The move is part of the airlines plans to modernise their fleet but are also likely to be influenced by the dire financial situation it has, like many other airlines, found itself in.

The Hanoi based airline is 86% owned by the Vietnamese government and recently posted its largest-ever quarterly loss of VND4.97 trillion (£152 million / US$216 million) in the first three months of 2021.

Bamboo Airways Chief Executive Officer, Dang Tat Thang told Reuters that his airline were potentially interested in some of the newer planes.

“We are operating at full capacity at the moment and seeking to expand our fleet.”

Dang Tat Thang, Chief Executive Officer Bamboo Airways

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