IPPG Establishes IPP Air Cargo
17 - 06 - 2021
Mr. Johnathan Hanh Nguyen, Chairman of IPPG, shared tỷ số bóng đá trực tuyến reason for establishing a cargo airline at a time when tỷ số bóng đá trực tuyến aviation industry was in upheaval.
- IPP Air Cargo has just registered to establish an airline specializing in freight transport, with a VND 2,400 billion (US$ 100 million) investment, at a time when tỷ số bóng đá trực tuyến sector is in chaos due to tỷ số bóng đá trực tuyến pandemic. You and tỷ số bóng đá trực tuyến aviation industry are not strangers to each other, but why did you put off joining until now?
When I noticed a spike in freight prices (according to Drewry Shipping statistics) at tỷ số bóng đá trực tuyến peak of tỷ số bóng đá trực tuyến pandemic, sometimes up 5 times, I became even more motivated. In terms of air freight, we had to spend three times as much on products travelling from Europe to Vietnam.
tỷ số bóng đá trực tuyến more tỷ số bóng đá trực tuyến demand for transportation, tỷ số bóng đá trực tuyến higher tỷ số bóng đá trực tuyến freight costs, while 88% of tỷ số bóng đá trực tuyến air freight market share is held by foreign airlines. Foreign airlines are able to set their own pricing since they are nearly alone in tỷ số bóng đá trực tuyến market, with no competition. If I do not start doing anything, tỷ số bóng đá trực tuyến demand for air freight will remain congested, and price volatility will make it tough for domestic export-import businesses.
Currently, Vietnam lacks a specialized airline that transports goods. Domestic airlines have recently expanded freight delivery by passenger aircraft, although this is merely a short-term solution, fighting fires only for tỷ số bóng đá trực tuyến current oversupply of aircraft.
Exporting businesses are facing serious difficulties. You won't be able to discharge agricultural, aquatic, and marine products if you don't launch tỷ số bóng đá trực tuyến airline soon since tỷ số bóng đá trực tuyến transportation costs are too high compared to what you can afford. Businesses are willing to pay premium rates, but they must occasionally wait in line for flights because tỷ số bóng đá trực tuyến airline does not have enough slots. Foreign consumers from Europe and America want to buy fresh food at a higher price, but travelling by sea for nearly a month will not allow them to do so. Travelling via plane, on tỷ số bóng đá trực tuyến other hand, takes a little over ten hours.
Therefore, I immediately thought to myself, "I can't just sit here and sell branded products to make money.", even though branded goods sold extremely well during tỷ số bóng đá trực tuyến epidemic season. Since tỷ số bóng đá trực tuyến customers were unable to travel overseas, we imported tỷ số bóng đá trực tuyến new models for them to purchase, resulting in an 84 percent increase in sales.
Mr. Johnathan Hanh Nguyen - Chairman of IPPG.
- What will you do to successfully compete with international Air Cargoes, which currently take up such a large portion of tỷ số bóng đá trực tuyến market?
Airlines are presently controlled by tỷ số bóng đá trực tuyến aviation agreement signed by Vietnam with other countries to guarantee tỷ số bóng đá trực tuyến balance; they are also unable to expand tỷ số bóng đá trực tuyến number of flights on their own.
At tỷ số bóng đá trực tuyến same time, airlines carrying international goods by air are only permitted to land at Tan Son Nhat and Noi Bai airports. After that, they must continue to arrange themselves in order to get tỷ số bóng đá trực tuyến items to tỷ số bóng đá trực tuyến distribution sites in alternative ways. International goods have not been delivered to all domestic airports in Vietnam.
Hence, our plan for this is to construct five logistics warehouses in Tan Son Nhat, Noi Bai, Cam Ranh, Da Nang, Can Tho, and, eventually, Long Thanh airports to carry commodities from elsewhere to these centres. Then, IPP Air Cargo will employ cargo planes to service 16 additional domestic airports.
tỷ số bóng đá trực tuyến IPP Air Cargo project costs US$100 million, but investing in 6 hubs and 16 warehouses costs significantly more. We can't just build warehouses and counters as previously; we need conveyor belts and a sophisticated intelligent management system like other nations.
Furthermore, tỷ số bóng đá trực tuyến General Department of Customs has consented to receive
e-commerce import and export management software, and upgrade tỷ số bóng đá trực tuyến tax-free business networking software sponsored by our Bellazio Logistics. Currently, freight planes are required to declare each shipment separately. However, shortly, this new technology will let items swiftly pass through tỷ số bóng đá trực tuyến inspection gate once tỷ số bóng đá trực tuyến plane lands, shortening tỷ số bóng đá trực tuyến declaration procedure for customs and businesses and reducing tax loss.
I understand that revolutionizing tỷ số bóng đá trực tuyến air logistics sector would be difficult and costly. However, I do not hesitate, as I did previously in tỷ số bóng đá trực tuyến premium market. Nobody thought of it, but I've built a reputation for bringing over 108 high-end brands from across tỷ số bóng đá trực tuyến world to Vietnam to distribute.
Mr. Johnathan Hanh Nguyen stated that he will be able to "fight" with tỷ số bóng đá trực tuyến industry's giants in tỷ số bóng đá trực tuyến sector of air freight.
- What is your vision of tỷ số bóng đá trực tuyến revolution with tỷ số bóng đá trực tuyến aviation logistics industry in Vietnam?
Foreign airlines only have access to two airports in tỷ số bóng đá trực tuyến domestic market. IPP Air Cargo, which has a network of cargo planes that covers all domestic airports, is also negotiating with international airlines to continue carrying cargo to 16 airports in Vietnam.
Bellazio Logistics will be present in each location to manage small warehouses linked to IPP Air Cargo. At that point, tỷ số bóng đá trực tuyến number of goods at airports will no longer be restricted, will rise fast as a result of tỷ số bóng đá trực tuyến increased number of flights, and will significantly aid tỷ số bóng đá trực tuyến development of domestic logistics firms. Consumers in all provinces, cities and rural locations may easily obtain items from across tỷ số bóng đá trực tuyến world.
In terms of tỷ số bóng đá trực tuyến global market, IPP Air Cargo will invest in a larger aircraft system as well as collaborate with other international airlines to transport commodities from overseas to Vietnam. Exporting vegetables, fresh food, and other essential import and export items will be carried directly at that time, rather than circumnavigating numerous ports at exorbitant prices as it is today.
Honestly, foreign air cargo carriers are also ecstatic about this news since, according to tỷ số bóng đá trực tuyến International Aviation Agreement, tỷ số bóng đá trực tuyến number of domestic cargo aircraft going out will boost tỷ số bóng đá trực tuyến number of incoming flights. When IPP Air Cargo enters this market, international airlines may lose around 38 percent of their market share (based on our calculations), but their cargo volume will grow by about 50 percent due to more flights.
- What have you prepared for tỷ số bóng đá trực tuyến airline?
For tỷ số bóng đá trực tuyến past six months, IPP Air Cargo has meticulously prepared. tỷ số bóng đá trực tuyến airline is scheduled to begin domestic freight flights three months after tỷ số bóng đá trực tuyến flying licence is issued, followed by international flights.
I take my time with everything. There are projects that require me to come up with ideas, concepts and plans for 10 years before they can be implemented, rather than just waiting for tỷ số bóng đá trực tuyến water to reach my feet. I have many years of expertise in this field, so when tỷ số bóng đá trực tuyến time comes, I want to grasp tỷ số bóng đá trực tuyến opportunity as soon as possible. I'll miss tỷ số bóng đá trực tuyến potential chance if I don't come out at tỷ số bóng đá trực tuyến proper time.
tỷ số bóng đá trực tuyến passenger aviation industry is challenging at this point, but creating a freight airline offers numerous advantages.
When it was announced that tỷ số bóng đá trực tuyến IPPG had established an airline, up to six airlines selling and leasing aircraft approached, driving tỷ số bóng đá trực tuyến price down further. Pilots are available during this time, in contrast to tỷ số bóng đá trực tuyến pre-epidemic period. Our company has also received hundreds of applications for various roles in this project. Furthermore, unlike a passenger airline, a cargo airline does not have to spend as much money on things like service, ticket sales, marketing, etc.
According to tỷ số bóng đá trực tuyến plan, IPP Air Cargo wants to operate 5 cargo aircraft in tỷ số bóng đá trực tuyến first year, then 7 aircraft in tỷ số bóng đá trực tuyến second year, and 10 aircraft in tỷ số bóng đá trực tuyến third year. tỷ số bóng đá trực tuyến airline intends to fly cargo as soon as feasible and expects to be profitable in three years.
- When speaking out, it seems that everything is going smoothly, but tỷ số bóng đá trực tuyến reality is always different. What about tỷ số bóng đá trực tuyến challenges of this aviation game, sir?
Difficulties will arise for individuals who are new to tỷ số bóng đá trực tuyến profession and do not fully comprehend it. I've been in tỷ số bóng đá trực tuyến industry for 36 years, so I'm familiar with tỷ số bóng đá trực tuyến market's advantages and disadvantages.
Since 1985, I've worked with three industry titans: FedEx, DHL, UPS, and Philippines Airlines to transport presents from expatriates and humanitarian aid from around tỷ số bóng đá trực tuyến world to Manila (Philippines). Following that, I proceeded to rent planes to transport individuals back to Vietnam and coordinate distribution through distribution centres.
I also served as tỷ số bóng đá trực tuyến General Representative of Philippines Airlines in Indochina, overseeing passenger and cargo flights as well as functioning as a financial inspector of Boeing Subcontractors. As a result, I am fully aware of tỷ số bóng đá trực tuyến expenditures associated with running an aeroplane.
This air freight industry is also extremely risky, and not just because tỷ số bóng đá trực tuyến market is competitive. Prior to IPP Air Cargo, there were other names that reignited their objectives but then had to abandon them since tỷ số bóng đá trực tuyến market was not ready at tỷ số bóng đá trực tuyến time. Newcomers will suffer greatly, and if it were simple, domestic airlines would have done it.
However, I guarantee that whatever I do is done properly and with all my heart. I'll figure out a way to defeat tỷ số bóng đá trực tuyến giants. In tỷ số bóng đá trực tuyến future, I believe tỷ số bóng đá trực tuyến market will grow more open and friendly-competitive.
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