PM's approval sought to issue licence for Vietnam's 1st cargo airline

06 Apr '22

1 min read

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Vietnam’s transport ministry has sought Prime Minister Pham Minh Chinh’s approval to grant a licence in aviation cargo transportation for IPP Air Cargo Joint Stock Company, the first cargo airline in Vietnam with a charter capital of 300 billion VND ($13.1 million) that had applied for a licence in air cargo transportation business to the Civil Aviation Authority of Vietnam (CAAV).

In late February, the ministry received an appraisal report on the application from CAAV.

The company will operate with five aircraft in the first year using Boeing 737, Boeing 777, Airbus A330 planes and similar aircraft. The number of aircraft will double in the fifth year, according to a news agency.

The airline will provide connections between production centres like Can Tho, Da Nang, Khanh Hoa, Central Highlands provinces of Lam Dong and Pleiku, Hai Phong, Quang Ninh and transshipment centres in Ha Noi and Ho Chi Minh City, before connecting with those in Northeast Asia, Southeast Asia, South Asia regions as well as the European Union.

Fibre2Fashion News Desk (DS)

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