Approval for private cargo airline
TraiThien Air Cargo, Vietnam’s first
private cargo airline, has received a licence and is expected to begin
operations in October next year, according to the Ministry of
Transport.
TraiThien Air Cargo, Vietnam’s first
private cargo airline, has received a licence and is expected to begin
operations in October next year, according to the Ministry of
Transport.
The private airline, which has a charter capital of 500 billion VND (28 million USD), received approval from the Prime Minister last month.
Licensing done to TraiThien Airline JSC., who runs TraiThien Air Cargo, pursues the Vietnam Civil Aviation Law 2006 and Decree on Air Transport Business Activities 2007.
The company has set its sights on the Northeast Asian and Southeast Asian markets. It has registered to operate with five Boeing 737 aircraft, but only one is expected to be put into service initially.
The cargo sector is now shared by 11 foreign carriers including China Airlines Cargo, Korean Air Cargo, Malaysia Airlines System, Federal Express and AirFrance-KLM Cargo.
Six other domestic airlines – Vietnam Airlines, Vasco, Jetstar Pacific, Indochina Airlines, VietJet Air, and Mekong Aviation - are licensed for both passenger and cargo transport. The last three are privately owned but only Indochina has begun operations so far./.
The private airline, which has a charter capital of 500 billion VND (28 million USD), received approval from the Prime Minister last month.
Licensing done to TraiThien Airline JSC., who runs TraiThien Air Cargo, pursues the Vietnam Civil Aviation Law 2006 and Decree on Air Transport Business Activities 2007.
The company has set its sights on the Northeast Asian and Southeast Asian markets. It has registered to operate with five Boeing 737 aircraft, but only one is expected to be put into service initially.
The cargo sector is now shared by 11 foreign carriers including China Airlines Cargo, Korean Air Cargo, Malaysia Airlines System, Federal Express and AirFrance-KLM Cargo.
Six other domestic airlines – Vietnam Airlines, Vasco, Jetstar Pacific, Indochina Airlines, VietJet Air, and Mekong Aviation - are licensed for both passenger and cargo transport. The last three are privately owned but only Indochina has begun operations so far./.
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