Vietnam’s Bamboo Airways struggling to pay pilot wages

Human Interest

Reuters was one of the first to report that some pilots have left Vietnam’s restructuring Bamboo Airways in the last two months after late salary payments. About 30 foreign pilots departed in that time, or more than 10% of the airline’s total pilot staff in June.

Market Impact

Bamboo’s flights continue to regularly depart, schedules at the country’s two main airports show. Seven of its 30 planes, including some of those recently acquired, are currently parked for maintenance, according to tracking website Planespotters.net.