Teleport investing $50M for Asia Pacific, Europe network expansion in 2H
Teleport’s Network® asset-light model combines its own freighters, AirAsia’s belly space, and passenger and freighter capacity of third-party airlines to move cargo. Photo from Teleport
  • Teleport, the integrated logistics arm of Capital A Berhad, is investing US$50 million to expand its network and capacity across key Asia-Pacific and Asia-Europe corridors
  • In the immediate term, it aims to grab a share of the second half seasonal e-commerce peak
  • Expansion comes after continued growth momentum with a 35% year-on-year revenue increase to US$156.4 million in the first half of the year
  • During the 6-month period, Teleport said it increased volume by 34%, nearly triple the regional market growth rate of 12%

Teleport, the integrated logistics arm of Capital A Berhad (formerly referred to as the Air Asia Group), is investing US$50 million to expand its network and capacity across key Asia-Pacific and Asia-Europe corridors as it aims to grab a share of the second half seasonal e-commerce peak.

The company, which has been specializing in logistics within southeast Asia, said the expansion comes after continued growth momentum with a 35% year-on-year (YoY) revenue increase to US$156.4 million in the first half of the year.

“In the second half, we are putting the USD50 million growth capital to work ahead of peak season, expanding third-party airline capacity and connectivity through new corridors: China to the Middle East via the Bahrain strategic hub, Asia into Oceania, Penang to Europe via the Maldives, and China to the Philippines, among others,” Teleport CEO Pete Chareonwongsak said in a statement.

“This further enhances the Teleport Network’s flexibility and agility to maintain the durability of our operational capability in a challenging market,” he added.

READ: Teleport raises $50M pre-IPO capital for global expansion

In the first six months this year, Teleport said it increased volume by 34%, nearly triple the regional market growth rate of 12%.  

“1H2026 shows the durability of our asset-light, hybrid Teleport Network. Jet fuel volatility and Middle East corridor disruptions defined the first-half for this industry, yet we still moved and grew volume. As cargo volumes continue to scale across our Network, the benefits of scale is coming through at the profit lines and it is holding across quarters,” Chareonwongsak said.

Teleport said continued e-commerce demand drove strong volume and margin growth across its network with total volume from January to June increasing 18% YoY to 182,660 tonnes while parcels moved grew 99% YoY to 118.2 million parcels. 

The company’s profit after tax stood during the first half at $3.1 million with the second quarter marking a fourth consecutive profitable quarter.

READ: Teleport logs Q3 revenue hike driven by e-commerce growth

The Teleport Network®’s asset-light model combines passenger and freighter capacity of third-party airlines, AirAsia’s belly space, and Teleport’s own freighters. Teleport said this hybrid capacity profile provides the operational agility and flexibility required to navigate market shocks while scaling efficiently.

Among the partnership highlights undertaken during the first half of the year include a new capacity partnership with MASkargo for Phnom Penh, extension of the General Sales Agent contract with Turkish Cargo out of Kuala Lumpur, and adding Myanmar Airways International freighter capacity in Yangon, among others.

READ: Teleport, Etihad Cargo expand partnership with Phnom Penh freighter flights

Teleport’s asset-light network currently reaches more than 290 cities across 80 countries.

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