New cargo airline in Vietnam
Vietravel Airlines officially signed a cooperation agreement on investment and development of air cargo services (Vuair Cargo). With the intention to diversify products and complete the ecosystem of Vietravel Corporation, Vietravel Airlines and Asean Cargo Gateway (ACG) officially announced the cooperation with an investment contribution ratio of 51% - 49%.
With their partnership, the companies wish to promote cargo business, air cargo exploitation, and cargo agency for airlines in the region.
The airline will focus on transporting goods between Vietnam and large factories in Asia such as China, Malaysia, Indonesia, Thailand on a fleet of two to four dedicated cargo aircraft B737-800F in the first year. The company hopes to double this fleet in the years to come. (cj)