IPP Air Cargo Shelves Launch After Weaker Air Freight Outlook

SINGAPORE—Forecasting a weakening of the air freight market in Southeast Asia, Vietnamese retail conglomerate IPPG has scrapped the planned launch of its own airline, IPP Air Cargo. The first of four Boeing 737-800F leased from BBAM Aircraft Leasing had already been painted in IPP Air Cargo’s livery...

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