AirAsia’s rebranded digital cargo and logistics platform Teleport and Triple i Logistics have signed a memorandum of understanding (MoU) to set up a joint venture.
The move will see Teleport and Triple i Logistics integrate cargo capacity in Thailand for AirAsia Thailand and AirAsia X Thailand by 1 January 2020.
The MoU was signed on 25 July by Teleport CEO, Pete Chareonwongsak and Triple i Logistics CEO, Tipp Dala, alongside AirAsia Thailand and AirAsia X Thailand as potential customers to the joint venture.
Teleport says it 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.
The integration of AirAsia Thailand and AirAsia X Thailand belly space completes Teleport’s first milestone to bring all AirAsia group airlines together as one.
Chareonwongsak 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.”
He added: “We would like to thank AirAsia and the Triple i team for placing trust in our strategy to transform the e-commerce logistics industry in Southeast Asia. It’s with this shared vision, our technology and the combination of Triple i’s local experience that we will ultimately make magic happen in Thailand.”
Dalal 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.”
in Thailand, AirAsia’s network has grown to more than 2,200 weekly flights across seven hubs, including from Bangkok Don Mueang International Airport, its main hub in Thailand.