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Teleport and Etihad Cargo have partnered to increase cargo capacity and frequency on their respective networks between Southeast Asia and the Middle East
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The development supports growing airfreight demand and trade volumes between the two regions, with plans to increase frequency in the near future
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The partnership aims to move 1,600 tons of cargo between the two destinations by yearend
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Trade between Gulf nations and emerging Asia is expected to reach $757 billion by 2030
Integrated logistics provider Teleport and Etihad Cargo have partnered together to mutually increase cargo capacity and frequency on their respective networks between Southeast Asia and the Middle East.
The development supports growing airfreight demand and trade volumes between the two regions with plans to increase frequency in the near future, according to a statement on August 13.
Since the partnership signing in May this year, Teleport has deployed its freighters for Etihad to ship machines, raw materials, phones, and chip sets among others, from Ho Chi Minh to Kuala Lumpur twice a week, with onward connection via Etihad’s capacity to Abu Dhabi and beyond.
“The integration of Etihad’s global network with our largest Southeast Asia network has opened up a more dynamic way to connect cargo between these two regions – leveraging on the strengths of both our networks. This is valuable to both our existing and new customers trading between two important regions,” said Jagedeswaran Nadrajah, Teleport head of air partners.
The partnership also enables both parties to maximize the available passenger belly capacity especially out of leisure hubs such as Bali and Phuket. Etihad will deepen its connectivity in Southeast Asia together with Teleport’s extensive network in the region, while Teleport leverages on Etihad’s strong global network to expand its reach into the Middle East, Europe, Americas and the African regions.
The partnership aims to move 1,600 tons of cargo between the two destinations by yearend, with potential for an increase in flight frequency and new routes according to both companies.
“This recent partnership with Teleport is important to enhance our connectivity to Southeast Asia, and we are confident that through the integration of their freighter operations and our capacity, we are able to continue to grow and build a more efficient and robust network that better serves both regions, and quickly,” said Stanislas Brun, Etihad vice president of cargo.
“The market environment is highly favourable to grow our presence here today, and with a strong air partner like Teleport,” he added.
Trade between the Gulf nations and emerging Asia continue to show high growth momentum, surging 35% from $383 billion in 2021 to $516 billion in 2022, and is expected to reach $757 billion by 2030, outstripping growth rate with Western nations such as the US, UK and the Euro area.
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