FLC Accelerates Efforts to Lease and Purchase Aircraft

At the 2nd Extraordinary Shareholders' Meeting on the morning of November 11, 2025, FLC Group announced the re-acquisition of ownership, management, and operational control of Bamboo Airways. The Group is actively collaborating with domestic and international partners experienced in aviation, aircraft leasing, and finance to explore cooperative solutions and secure investment capital.

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According to FLC, the Extraordinary General Meeting approved the dismissal and supplementary election of members to the Board of Directors (BOD) and the Board of Supervisors (BOS) for the 2021-2026 term.

Specifically, Mr. Trịnh Văn Nam, Ms. Đỗ Thị Hải Yến, and Ms. Phùng Thị Thu Thảo were elected to the BOD, while Ms. Trần Thị Đoan was elected to the BOS.

The new BOD of FLC Group now consists of: Mr. Vũ Anh Tuân – Chairman of the BOD; Mr. Nguyễn Thanh Tùng, Mr. Trịnh Văn Nam, Ms. Đỗ Thị Hải Yến, and Ms. Phùng Thị Thu Thảo. The BOS includes Mr. Bùi Phạm Minh Điệp, Ms. Trần Thị Mỹ Dung, and Ms. Trần Thị Đoan.

Overview of the 2nd Extraordinary Shareholders’ Meeting of FLC Group in 2025. Photo: FLC.

FLC’s leadership emphasized that the consolidation of the management apparatus is a crucial step in the comprehensive restructuring process, aimed at enhancing operational capabilities and strengthening the foundation for stable, sustainable development.

According to the report presented at the meeting, real estate remains the core business, with over 50 projects deployed across 11 provinces and cities, focusing on Hanoi, Quang Ninh, Thanh Hoa, Quang Tri, and Gia Lai. FLC is also exploring investments in new markets such as Lao Cai, Ho Chi Minh City, Nha Trang, Hau Giang, and Gia Lai, while developing social housing projects in line with government policies.

FLC shareholders voting at the 2nd Extraordinary Shareholders’ Meeting in 2025. Photo: FLC.

FLC noted that high airfare and limited flight frequencies are impacting tourism activities. In response, the group is intensifying tourism promotion, expanding partnerships, offering flexible staycation packages (flight + accommodation combos), and boosting international visitor attraction, particularly from South Korea and China through destination roadshow programs.

Notably, FLC has agreed in principle to reassume ownership, management, and operation of Bamboo Airways, following a proposal by the airline’s Chairman, Lê Thái Sâm. This decision is part of FLC’s ecosystem restructuring plan, aimed at enhancing synergy across business sectors.

The group is collaborating with domestic and international partners experienced in aviation, aircraft leasing and purchasing, and finance to explore cooperative solutions and raise investment capital. The reassumption process will proceed in line with current financial and human resource capabilities.

Ms. Bùi Hải Huyền – CEO of FLC Group. Photo: FLC.

Currently, FLC is finalizing its financial obligations, aiming to complete all tax liabilities by early Q2/2026. The group has engaged independent audit firms to prepare the financial reports for 2024 and 2025, as well as the 2025 annual report, to facilitate the restoration of stock trading. It is anticipated that FLC shares will resume trading on UPCOM in Q1/2026.

“The temporary suspension of trading does not affect shareholders’ ownership rights or their legal rights under the Enterprise Law and the company’s charter,” stated an FLC representative.

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