Southeast Asia’s largest integrated logistics provider, Teleport, has teamed up with Etihad Cargo and the two have committed to increasing cargo capacities and frequencies on their respective cargo networks between Southeast Asia and the Middle East. The move is a reaction to the increase in air cargo demand and trade between the two regions which is forecasted to be in the region of USD 757 billion, come 2030. Trade between the Gulf nations and emerging Asian nations stood at USD 383 billion in 2021, and experienced a 35% growth explosion to USD 516 billion in 2022. It is still growing at a fast rate.
Though just announced now, the partnership was signed in MAY23. Already, Teleport has enabled Etihad to transport machines, raw materials, phones and chip sets, etc., on its twice-weekly freighters from Ho Chi Minh to Kuala Lumpur, with onward connection via Etihad’s capacity to Abu Dhabi and beyond. Belly capacities on passenger flights to locations such as Bali and Phuket have also been better utilized. “Etihad will deepen its connectivity in Southeast Asia on the back of Teleport’s extensive network in the region, while Teleport leverages on Etihad’s strong global network to expand its network reach into the Middle East, Europe, Americas and the African regions,” the release states, predicting that 1,600 tons will have been transported between the two regions by the end of 2024.
Stanislas Brun, Vice President of Cargo at Etihad Cargo, commented: “We continue to anchor our strategy on key partnerships that will enable us to better serve our customer needs while supporting global trade. 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.”
Jagedeswaran Nadrajah, Head of Air Partners at Teleport, said: “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.”
