Teleport, the logistics venture seeded by Capital A Berhad, officially inducted its first Airbus A321 Freighter (A321F) aircraft into its air logistics fleet, which is set to strengthen its position as the market leader in terms of most air cargo volume by tonnage across Southeast Asia, as certified by the World ACD[1].
The induction of its first A321F aircraft event was graced by the esteemed presence of His Majesty Seri Paduka Baginda The Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah.
Teleport, founded only five years ago in May 2018, saw accelerated growth in the last 24 months that led to its market leadership position in Southeast Asia. This growth was driven by its three unique advantages; operating the largest air logistics network in Southeast Asia using the surplus belly space of 204 wide-and narrow-body AirAsia passenger aircraft, a focus on full digitization and data to coordinate end-to-end e-commerce deliveries, and the continuous addition of deep third-party airline relationships. Today, over 1,500 businesses ‘Teleport’ their goods to over 80 destinations in Southeast Asia, using one digital Airway Bill, and with a guarantee that ‘it arrives tomorrow’.
Pete Chareonwongsak, Chief Executive Officer (CEO) of Teleport says, “Today marks the arrival of the number one air logistics company in Southeast Asia. From a scrappy startup with humble beginnings in Malaysia, each day [676] Teleporters across seven countries work tirelessly to deliver more goods by air than anyone else in Southeast Asia. We saw our growth accelerate in the past 24 months, where we have scaled a company that is profitable and on track to generate US$200M in annual revenues – it is fitting to celebrate these milestones on the same day as the arrival of the first of three A321Fs this year. ”
Inducting Teleport’s A321F has been a collective effort by multiple entities within the Capital A Group, enabling Teleport to leverage one fleet, one crew, and one ecosystem, to deliver best-in-class and best-in-cost freighter operations.
Tony Fernandes, CEO of Capital A Berhad, the investment holding company of Teleport says, “My sincere congratulations to Pete and his team at Teleport for their induction of the first A321F into their fleet. This is not only a testament to their hard work and dedication in the ever-challenging logistics industry, but a win for all of us at Capital A as it validates our diversification and growth strategy to be a value-driven, low-cost, high-quality aviation and travel group. Our confidence in Teleport’s future grows stronger as we foster collaborations with other businesses under Capital A to not only position Teleport as a profitable and affordable player in the air logistics industry but also establish it as a reliable delivery partner for Capital A entities, such as the Superapp. Together, we are poised to unlock remarkable opportunities and deliver exceptional value to our customers.”
Pete added, “The A321Fs are key for us to continue and strengthen our dominant position in Southeast Asia, as it will allow us to carry more, do more, and cover more – by adding skidded capacity into our extensive air cargo network and having more control and flexibility to accommodate our customers’ diverse needs. And with the first A321F based out of Kuala Lumpur, it is the perfect hub as its 5-hour flight range gives it access to over 80 destinations across Southeast Asia and 80 more key cities in the Asia Pacific.”
Teleport’s A321F with 24 containerized positions on both the main and lower deck (14 ULDs in Main Deck + 10 ULDs in Lower Deck), enables it to carry a maximum payload of 27 tons/ 27,000 kgs of various cargo including e-commerce parcels, express/small parcels, large volume cargo, and dangerous goods among others. The 2nd and 3rd A321Fs, due to be delivered in Q4 2023 and Q1 2024 respectively, will have the flexibility to be based out of Kuala Lumpur, Bangkok, Jakarta, or Manila, leveraging Teleport’s multi-hub operating model.
Chareonwonsak said Teleport’s A321F fleet will be increased to 10 in the next 18 months. It is also expected to service key industrial destinations in the Philippines such as Davao, bringing goods and produce to various cities in the region like Hong Kong.
“The Philippines is where we see Teleport having very big operations, although AirAsia Philippines is currently handling all of Teleport’s work. Some of the ten aircraft will be invested in the Philippines which also happens to be our number one route, where our volume in the whole region is”, Chareonwonsak added.
For more information about Teleport’s business, visit teleport.asia.
[1] By volumes, according to World ACD, the number market data provider for the air cargo industry, publishing weekly and monthly market data on air cargo for markets worldwide, with absolute figures for thousands of city pairs across more than 150 individual countries.
