Continue to petition for a flight license for IPP Air Cargo

This is the affirmation of the Ministry of Transport in a document sent to Deputy Prime Minister Le Van Thanh about the granting of the Air Cargo Business License to IPP Air Cargo Joint Stock Company.

These contents were reported by the Ministry of Transport to serve the meeting of Government leaders on the granting of an air cargo business license to IPP Air Cargo Joint Stock Company scheduled to be held on May 12 but was later postponed.

According to the Ministry of Transport, IPP Air Cargo was born to bring specialized and quality freight services to customers, contributing to promoting the development of Vietnam’s logistics industry in line with overall development goals and strategy. General strategy for development of transport services to 2020, vision to 2030.

The presence of IPP Air Cargo will contribute to promoting the growth of freight transport of Vietnamese airlines by 10-15% per year (expected volume of air freight of the joint stock company. IPP Air Cargo share will increase gradually over the years, with an expected average annual growth rate of 18%-20%).

Because Vietnam has now joined the “ASEAN Open Skies” – an agreement on the liberalization of air transport that came into force in 2015 which eliminates control of fares, frequency and capacity of flights. in the region, increasing competition and choice for passengers.

This creates many opportunities for IPP Air Cargo Joint Stock Company to expand the market, integrate in the region and improve its competitiveness. Creating a source of foreign currency attraction for the country from destinations to international hubs will create goods trade and create many opportunities for local economic development; at the same time creating favorable conditions for Vietnamese airlines to develop together and promote exploitation of domestic and international passenger and cargo transport markets.

According to the Ministry of Transport, for the air freight market, there are currently 5 Vietnamese airlines operating in combination with passenger flights and no airline specializing in transporting passengers. goods by specialized aircraft.

In addition, in Decision No. 318/QD – TTg dated March 4, 2014 of the Prime Minister, it will develop a fleet of cargo aircraft of about 8-10 aircraft, so the establishment of a specialized airline Locked freight is in line with the overall development goals and the general strategy of developing transport services until 2020, with a vision to 2030.

The Ministry of Transport assessed that IPP Air Cargo Joint Stock Company’s application for a license for air cargo transportation business was adequate, met the capital regulations, the plan to ensure the availability of aircraft for operation and organization. machinery to ensure the operation of aircraft specified in Decree No. 89, eligible to be considered for issuance of a license for air cargo transportation business according to regulations.

“Pursuant to the 2006 Law on Civil Aviation of Vietnam, the Law amending and supplementing a number of articles of the Law on Civil Aviation of Vietnam in 2014 and Decree No. 89, the Ministry of Transport proposes the Prime Minister to consider and allow The Ministry of Transport grants the Air Cargo Air Transport Business License to IPP Air Cargo Joint Stock Company in accordance with current law.leader of the Ministry of Transport proposed.