Bamboo Airways announces Munich flights
Bamboo Airways today announced intentions to launch Munich flights from July. The Bavarian city is expected to be served from Hanoi weekly, and Ho Chi Minh City twice-weekly. Both routes will be operated by Bamboo’s new 787-9 fleet. Combined O&D demand between Hanoi/Ho Chi Minh City and Munich was over 47,000 est. passengers in 2019, up 16% year-on-year. Over 452,000 total est. passengers flew between Vietnam and Germany in 2019, up 9% YOY, yet 71% were indirect.
Despite these large volumes, the current Vietnam – Germany connecting market is highly fragmented, with six carriers having at least 10% market share. This gives Bamboo Airways strong potential with this direct Munich offering from Vietnam’s two main cities. Only Vietnam Airlines currently has a direct service to Germany, operating to Frankfurt four-weekly from Ho Chi Minh City, and six-weekly from Hanoi.