Teleport and Etihad Cargo personal partnered together to inject cargo capacity and frequency on their respective cargo network between Southeast Asia and the Heart East, with plans to prolong frequency within the strategy future. This switch is in opposition to a backdrop of rising airfreight quiz and trade between the 2 regions.
Trade between the Gulf countries and rising Asian countries proceed to articulate excessive growth momentum, surging 35 p.c from US$383 billion in 2021 to US$516 billion in 2022, and is anticipated to attain US$757 billion by 2030, outstripping growth price with Western countries such because the US, UK and the Euro Space. On the same time, air freight quiz continues to pose double digit growth one day of all areas, having risen 14.1 p.c as of June 2024.
Since signing the partnership in Would perchance well per chance this year, Teleport has deployed its freighters for Etihad to ship machines, uncooked materials, telephones and chip items amongst others, from Ho Chi Minh to Kuala Lumpur twice per week, with onward connection thru Etihad’s capacity to Abu Dhabi and previous. This partnership additionally enables each parties to maximise the available passenger belly capacity particularly out of leisure hubs equivalent to Bali and Phuket, by leveraging on every quite a lot of’s network energy. Etihad will deepen its connectivity in Southeast Asia on the abet of Teleport’s intensive network within the location, whereas Teleport leverages on Etihad’s strong global network to boost its network attain into the Heart East, Europe, Americas and the African areas. By the stop of this year, the partnership is anticipated to explore 1600 tonnes of cargo moved between the 2 locations with doable for an boost in flight frequency and recent routes.
Stanislas Brun, Vice President of Cargo at Etihad Cargo stated, “We proceed to anchor our strategy on key partnerships that can enable us to better benefit our customer wants whereas supporting global trade. This recent partnership with Teleport is serious to toughen our connectivity to Southeast Asia, and we are confident that thru the mixture of their freighter operations and our capacity, we are in a position to proceed to develop and form a more efficient and sturdy network that better serves each areas, and immediate. The market ambiance is extremely beneficial to develop our presence right here this day, and with a sturdy air accomplice fancy Teleport.
Jagedeswaran Nadrajah, Head of Air Partners at Teleport, commented “The mix of Etihad’s global network with our greatest Southeast Asia network has spread out a more dynamic capacity to connect cargo between these two areas – leveraging on the strengths of each our networks. That is useful to each our novel and recent customers shopping and selling between two crucial areas. This vogue of synergy is testament to what Teleport has been constructing thru its Air Partners programme as a accumulate-accumulate resolution for all Teleport Air Partners, where we can proceed to form and develop, and never fly empty.”
