Bamboo Airways under close scrutiny following top boss arrest

The Civil Aviation Authority of Vietnam (CAAV) has held an urgent meeting with key leaders of Bamboo Airways to assess risks and ensure absolute flight safety after this carrier’s Chairman Trinh Van Quyet had been temporarily detained on the charge of stock market manipulation.

At this meeting, CAAV Director Dinh Viet Thang said the authority is paying special attention to aviation security and safety, the interests of Bamboo Airways’ customers, as well as how to tackle difficulties to help this firm overcome this trying time and develop sustainably.

He noted a report on Bamboo Airways’ operations will be submitted to the Ministry of Transport, adding that the aviation authority will monitor this carrier more strictly in the next three - six months.

Deputy General Director of Bamboo Airways Nguyen Ngoc Trong said since March 29 evening, the firm’s leaders have assessed risks and impacts on its operations after the sudden move related to its top leader.

Trong noted that Quyet had entrusted the entire right related to his shares in Bamboo Airways to Vu Dang Hai Yen, deputy general director of the FLC Group - the parent company of Bamboo Airways.

All the persons holding the leadership and management positions are unaffected and high-quality personnel, including pilots, flight attendants, and engineers, maintained, he went on.

Meanwhile, financial institutions like banks and credit organisations that have inked contracts with Bamboo Airways also pledged to continue the signed contracts, Trong said, adding that the carrier commits itself to carry out all of its obligations towards customers.

Related

FLC Chairman Trinh Van Quyet arrested for stock market manipulation
FLC Chairman Trinh Van Quyet arrested for stock market manipulation

The Ministry of Public Security's Investigation Police Agency on March 29 decided to launch criminal proceedings against and arrest Trinh Van Quyet, Chairman of the FLC Group Joint Stock Company, pending investigations into suspicion of stock market manipulation.

FLC Chairman Trinh Van Quyet arrested for stock market manipulation

FLC Chairman Trinh Van Quyet arrested for stock market manipulation

The Ministry of Public Security's Investigation Police Agency on March 29 decided to launch criminal proceedings against and arrest Trinh Van Quyet, Chairman of the FLC Group Joint Stock Company, pending investigations into suspicion of stock market manipulation.