New logistics JV aims to ride AirAsia’s connectivity
Teleport, the rebranded digital cargo and logistics platform of AirAsia, and Triple i Logistics have signed a memorandum of understanding (MoU) to set up a joint venture aimed at integrating cargo capacity in Thailand for AirAsia Thailand and AirAsia X Thailand.
The MoU was signed on Thursday (July 25) by Teleport CEO Pete Chareonwongsak and Triple i Logistics CEO Tipp Dalal, with AirAsia Thailand and AirAsia X Thailand as potential customers of the joint venture.
The joint venture is expected to be operational by January 1, 2020
“Teleport is on a mission to move goods and e-commerce seamlessly throughout Southeast Asia, taking full advantage of AirAsia’s network of more than 100 cities and 10,000 weekly flights across Asia Pacific,” its CEO Pete said. The integration of AirAsia Thailand and AirAsia X Thailand’s belly space completes Teleport’s first milestone to bring all AirAsia group airlines together as one, he said.
“We have the widest and strongest network in Asia, covering 35 of the region's top 50 cities. With our infrastructure, we intend to open this to both individuals and companies, enabling them to transport anything they want both quickly and painlessly.”
Triple i Group CEO Dalal said, “Triple i has earned the trust to manage air cargo services on behalf of AirAsia Thailand and AirAsia X Thailand for 10 years. The airline’s network has grown to more than 2,200 weekly flights across seven hubs, including from Don Mueang International Airport, its main hub in Thailand.” He said AirAsia and Teleport both share Triple i’s vision to develop and grow demand for air cargo services, a sector which is constantly evolving, especially when it comes to e-commerce.
“Through this joint venture, we will be able to create new and innovative logistics solutions, combining the strengths and expertise of all partners. This is a reflection of our strong and long-standing business relationship and our goal to become the leading air logistics business in the region,” Dalal said.
Founded in 2018 and formerly known as RedCargo Logistics, Teleport Commerce Malaysia Sdn Bhd is a wholly-owned subsidiary of AirAsia Group Berhad, building out the cargo and logistics ambitions for AirAsia.
