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With an initial investment of VND2.4 trillion ($103.6 million), IPP Air Cargo will start with five freighters. It estimates revenues of $71 million in the first year of operation. It would be the only cargo-dedicated airline in Vietnam, where all six carriers prioritize passenger transport.
IPP Air Cargo will use large aircraft to fly goods such as fresh fruits and frozen seafood from Vietnam to foreign countries, and collaborate with foreign partners to transport goods, including high-value items, from overseas to Vietnam.
28 sie 2022 · IPP Air Cargo, Vietnam's first cargo airline, could start flying from November, with several partnerships already established, says its chairman Jonathan Hanh Nguyen. Nguyen told VnExpress that the Government Office has ordered six related ministries for their feedback on licensing IPP Air Cargo.
27 maj 2024 · Vietnam may see its first dedicated cargo airline by next year as luxury retailer Imex Pan Pacific Group (IPPG) submitted its proposal to the country’s civil aviation authority (CAAV) to establish an airline dedicated to freight transport.
According to media reports from Vietnam, the board of Imex Pan Pacific Group (IPP) – IPP Air Cargo’s parent – decided on October 26 that it would drop plans to launch the carrier, and has notified Vietnam’s transport ministry that it seeks to end the licensing process.
Vietnam-based luxury goods retail firm Imex Pan Pacific Group (IPPG) has in partnership with other companies established a logistics business to support its soon to launch air cargo carrier.
24 cze 2021 · Vietnam’s first all-cargo airline is almost ready for take-off. IPP Air Cargo is the brainchild of billionaire Johnathan Hanh Nguyen, chairman of Imex Pan Pacific Group (IPP), which specialises in luxury brand distribution and retail.
