Indochina Airlines

Defunct private airline of Vietnam (2008–2009)

Indochina Airlines

| IATA | ICAO | Call sign

|
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VP  | AXC  | AIRSPUP
Founded| 2008 (2008)
Commenced operations| 25 November 2008 (2008-11-25)
Ceased operations| 15 December 2009 (2009-12-15)
Hubs| Tan Son Nhat International Airport
Fleet size| 1
Destinations| 3
Headquarters| Ho Chi Minh City, Vietnam
Key people| Nguyễn Long Thiên
Website| www.indochinaairlines.vn

Indochina Airlines (Vietnamese: Hãng Hàng không Đông Dương) was a short-lived Vietnamese airline based in Ho Chi Minh City. It was the first operational private airline based in Vietnam, originally licensed in May 2008 as Air Speed Up (Vietnamese: Hãng hàng không Tăng Tốc).[1] The founder and chairman of the board was Vietnamese musician Hà Hùng Dũng. Indochina Airlines began selling tickets on 12 November 2008 and launched its first commercial flights from Tan Son Nhat International Airport in Ho Chi Minh City to Noi Bai International Airport in Hanoi and Da Nang International Airport in Da Nang on 25 November 2008.[2] After a series of difficulties, including unresolved debts and a decrease in customers, Indochina Airlines ceased flying on November 25, 2009; its schedule was revoked two days later.

## Establishment

[edit]

The company was first incorporated and licensed as "Air Speed Up" in May 2008. The Vietnamese name, Tăng Tốc, as spelled, means "speed up"; however, if written without accents (i.e., Tang Toc), the name could be interpreted as "death and grief" (Tang Tóc). For this reason, the company applied for a name change soon after it was licensed. Initially, company chairman Hà Hùng Dũng planned to purchase the Viet Airways brand owned by Jetstar Pacific Airlines,[3] but Jetstar Pacific declined the sale, citing the desire to develop the Viet Airways brand in the future.[citation needed]

Realizing the great potential in the field of international logistics, Indochina Airlines has embarked on restructuring, shifting its operations to international cargo transportation. Instead of continuing to compete in the commercial aviation sector, the airline has set a goal of becoming a reliable partner for businesses and individuals in Vietnam who need to send goods internationally.

Indochina Airlines is actively rebuilding its brand image by expanding partnerships with international carriers. At the same time, the airline is constantly investing in technology and infrastructure to meet the increasing demands of the global logistics market. With this transformation, Indochina Airlines hopes to affirm its new position in the transportation industry, while contributing to the development of Vietnam's logistics sector on the international map.

## Destinations

[edit]

Indochina Airlines ended service to all destinations in November 2009.[4] While active, it served the following destinations:

* Vietnam
* Da Nang – Da Nang International Airport
* Hanoi – Noi Bai International Airport
* Ho Chi Minh City – Tan Son Nhat International Airport (Base)[5]

## Fleet

[edit]

The Indochina Airlines fleet, at its peak, consisted of two wet-leased Boeing 737-800s.[6] Due to financial problems, the airline's last remaining aircraft was returned to its lessor Travel Service Airlines on November 25, 2009. Indochina Airlines was officially declared bankrupt on December 15, 2009[citation needed].

In December 2011, the Ministry of Transport officially revoked the license of Indochina Airlines.[7]

* An Indochina Airlines Boeing 737-800 at Tân Sơn Nhất Intdernational Airport, Vietnam. (2009)

* An Indochina Airlines Boeing 737-800 at Tân Sơn Nhất Intdernational Airport, Vietnam. (2009)

* Vietnam portal
* Companies portal
* Aviation portal

Wikimedia Commons has media related to Indochina Airlines.

## References

[edit]

1. ^ Indochina marred by problems from the start. LifeinVN.
2. ^ "Indochina expected to take off in November". vnbusinessnews. 2008-10-22. Archived from the original on December 3, 2008. Retrieved 2008-11-26.
3. ^ Air Speed Up wants to change name Archived February 17, 2009, at the Wayback Machine. VietnamNet Bridge.
4. ^ "Hãng hàng không "Hà Dũng" trả chiếc máy bay cuối cùng - Sự kiện trong ngày - Dân trí". Archived from the original on 2009-12-12. Retrieved 2009-11-26.
5. ^ vnexpress
6. ^ "Indochina Airlines Fleet". Archived from the original on 2011-07-06. Retrieved 2009-10-30.
7. ^ vietnam.vn (2023-07-15). "Which Vietnamese airlines have gone bankrupt?". vietnam.vn. Retrieved 2025-07-03.

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Airlines of Vietnam

Full-service|

* Bamboo Airways
* Vietnam Airlines
* Sun PhuQuoc Airways

Low-cost|

* Pacific Airlines
* VietJet Air
* Vietravel Airlines

Regional|

* Vietnam Air Services Company (VASCO)

Charter|

* Vietstar Airlines
* Hai Au Aviation
* Vietnam Helicopters

Defunct|

* Air Mekong
* Air Vietnam
* COSARA
* Indochina Airlines
* Trai Thien Air Cargo

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