The company plans to list 105 million shares on either the Hanoi Stock Exchange or the Hochiminh Stock Exchange at an initial price of 60,000 dong each, potentially putting its market capitalisation at US$2.73 billion, chairman Trinh Van Quyet said.Bamboo Airways, which reported pre-tax profit of 400 billion dong in 2020, is targeting an expansion of its aircraft fleet to 40 by the end of this year from 28 currently, Quyet said.
"We hope the government will prudently reopen international commercial flights from the end of the second quarter or early third as the domestic outbreak has been effectively contained," Quyet said. The airline has asked the government to arrange a loan of 5 trillion dong with low or zero interest rates via local commercial banks, the government said on Friday.