The story
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, but Jetstar Pacific declined the sale, citing the desire to develop the Viet Airways brand in the future.
Realizing the great potential in the field of international logistics, Indochina Airlines 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.
From Wikipedia’s article on Indochina Airlines, shared under CC BY-SA 4.0.3