bongdaso ìno with requirements for airline business

08.04.2022

Dossier of application for a license for air transportation of goods by IPP Air bongdaso ìno ensured the conditions for granting a business license for air bongdaso ìno transportation, specified in Decree No. 92 of the Vietnam government's regulations on conditional business in the aviation sector.

The Ministry of Transport (MOT) sent a document to report to the Prime Minister on granting a business license for air bongdaso ìno transportation of IPP Air bongdaso ìno Joint Stock Company.

bongdaso ìno

Also, according to the Civil Aviation Authority of Vietnam, IPP Air bongdaso ìno's application for air bongdaso ìno business met the conditions for granting an air bongdaso ìno transport license as specified in Clause 1 of Decree No. 92 of the Government about stipulating conditional business lines in the aviation sector.

Therefore, MOT proposes to the Prime Minister to consider and grant IPP Air bongdaso ìno Joint Stock Company business license.

IPP Air bongdaso ìno Joint Stock Company has 1st business registration certificate issued by the Department of Planning and Investment of Ho Chi Minh City on March 10, 2021, which main business is air freight. IPP Air bongdaso ìno has a minimum capital of 300 billion VND.

According to the IPP Air bongdaso ìno project submitted to related authorities, IPP Air bongdaso ìno is expected to operate with Boeing 737, Boeing 777, and 5 Airbus A330 in the first year of operation and increase gradually to 10 units in the next five years.

Each aircraft will be parked overnight at Noi Bai, Tan Son Nhat, Da Nang, Cam Ranh, and Can Tho airports in the first year.

According to the Ministry of Transport, Vietnamese airlines' international bongdaso ìno market share reached only 18% in 2019 and reduced to 11% in the 2020-2021 period of global market share. Currently, 29 foreign airlines operate bongdaso ìno planes from 16 countries and territories to Vietnam.

Over time, due to the sharp decrease in the number of passenger flights combined with bongdaso ìno, while the demand for transportation has increased, the freight rates for international flights have skyrocketed by 3-4 times, mainly to 5-6 times compared to before the COVID-19 epidemic period.

The birth of IPP Air bongdaso ìno will bring specialized and quality freight services to customers, contributing to promoting the development of Vietnam's logistics industry, adequate with overall growth and common strategies for transport services by 2020, vision to 2030.

Source: https://vovgiaothong.vn/ipp-air-bongdaso ìno-du-dieu-kien-de-cap-giay-phep-hang-bay

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