Following the success of the Extraordinary General Meeting of Shareholders in 2025, the Board of Directors (BoD) of Bamboo Airways Joint Stock Company held its first meeting and unanimously elected Mr. Pham Ngoc Vinh as Chairman of the BoD.

Thus, the Board of Directors of Bamboo Airways for the 2023–2028 term includes 5 members: Mr. Pham Ngoc Vinh – Chairman of the BoD, Mr. Le Thai Sam – Standing Vice Chairman of the BoD, Mr. Vuong Cong Duc and Mr. Nguyen Ngoc Trong – Vice Chairmen of the BoD, and Mr. Le Ba Nguyen – BoD member.

The new Chairman of Bamboo Airways stated: “I sincerely thank the Board of Directors and shareholders for their trust. As Chairman, I will continue to work alongside the leadership team with the utmost determination and effort to set out appropriate strategic directions, aiming to build a sustainably growing Bamboo Airways, elevate its position in the aviation industry, and deliver long-term value to shareholders, customers, and employees.”

Mr. Pham Ngoc Vinh has 25 years of experience in investment, management, and executive leadership across various economic organizations. Before joining the Board of Bamboo Airways, he served as an advisor to the Board and contributed significantly to the airline’s strategic development.

Mr. Vuong Cong Duc has nearly 30 years of experience in Law, Finance, and Banking, and has held senior executive positions in various enterprises and financial institutions, including: Board Member of Viet Capital Commercial Joint Stock Bank, Chairman of Ba Ria – Vung Tau International Travel Services Company, and currently serves on the Board of Sacombank.

Mr. Vuong Cong Duc and former Chairman of Bamboo Airways, Mr. Phan Dinh Tue, are key representatives of Sacombank – a critical partner in the restructuring process and long-term strategic alignment with Bamboo Airways. Mr. Duc will take over responsibilities at Bamboo Airways from Mr. Tue, while Mr. Tue will continue to support and collaborate with Mr. Duc at Sacombank. This leadership succession and collaboration reflect the strategic synergy between Sacombank and Bamboo Airways, aiming toward recovery and sustainable growth.

Additionally, Bamboo Airways also elected Mr. Pham Van Phung as Head of the Supervisory Board. The Supervisory Board consists of four members: Mr. Pham Van Phung, Mr. Nguyen Tri Thong, Mr. Nguyen Vu Phong, and Mr. Nguyen Duc Thanh.

Amid a growing domestic aviation market and rising demand for air transport, airlines are recovering post-pandemic and scaling operations, while domestic aviation infrastructure is receiving investment and expansion. Bamboo Airways is accelerating its recovery through restructuring and synchronously implementing modern solutions to improve operational processes, optimize resources, and enhance efficiency.

In the first half of 2025, Bamboo Airways recorded positive developments: seat load factor reached 88%, revenue exceeded 96% of the plan, and operational losses significantly narrowed, nearing breakeven. These are critical foundations for achieving profitability in the coming years.

Simultaneously, Bamboo Airways is implementing its 2025–2030 five-year strategic plan, actively working with consulting firms and strategic investors to strengthen financial resources and prepare for the next growth phase.