VietJet Air Cargo unveils growth plans
VietJet has officially launched its affiliate company, VietJet Air Cargo, paving the way for the fledging carrier to begin uplifting cargo around the region.
December 15, 2014
VietJet has officially launched its affiliate company, VietJet Air Cargo, paving the way for the fledging carrier to begin uplifting cargo around the region. Vietjet Air Cargo plans to operate 28 cargo routes this year and will increase this by 39 in 2015 as cargo demand grows both locally and globally. The airline will focus on cargo services using the bellies of its local and international commercial flights on A320s and also has ambitious plans to use dedicated maindeck capacity, as well as offering cargo charter services.
“There is a huge potential for air cargo in Vietnam. Currently this service is mainly offered by international airlines,” said VietJet Air Cargo CEO Do Xuan Quang. According to the International Air Transport Association (IATA), air cargo accounts for 25 per cent of Vietnamese exports. The country’s airports handled 770,000 tonnes of goods last year, a 67 per cent jump from 2010, according to the Civil Aviation Authority of Vietnam. Air cargo traffic is expected to increase by as much as 23 per cent this year, according to the transport ministry with demand for air cargo emanating from companies such as Samsung, LG Electronics and Apple supplier Wintek, whose electronics goods made in Vietnam require express delivery.