Vietnam’s Bamboo Airways expects to raise about $100 million from its planned initial public offering next year to fuel its aggressive expansion in one of the world’s fastest-growing aviation markets.
“The fundraising will help us to expand our fleet as we want to take 30% of the domestic market next year,” Trinh Van Quyet, the Hanoi-based chairman of the startup carrier, said in a phone interview. Bamboo Airways currently has more than 10% of the market, he said.
