News / IPP beats competition to launch Vietnam's first all-cargo airline

Vietnam’s first all-cargo airline is about to receive its first freighter and could start operations next month.

IPP Air Cargosaid its first 737-800BCF was “nearly done” after  conversion at Guangzhou Aircraft Maintenance Engineering in China, where it has a second aircraft undergoing conversion and two more on the way.

The airline was set up last year by billionaire Johnathan Hanh Nguyen, chairman of Imex Pan Pacific Group (IPP), a conglomerate specialising in luxury brand distribution and retail.

At the time, Mr Nguyen said ...