Teleport, the logistics venture seeded by Capital A Berhad, is strengthening its position as a market leader in air cargo volume by tonnage, in the Philippines and across Southeast Asia, with Manila as one of the multi-hub base for its newest freighter aircraft. "The Philippines is where we see Teleport having very big operations, although AirAsia Philippines is currently handling all of Teleport's work," stated Teleport Chief Executive Officer (CEO) Pete Chareonwongsak. Last week, Teleport officially inducted its first Airbus A321 Freighter (A321F) into its air logistics fleet in Kuala Lumpur, Malaysia. Teleport's Airbus A321 Freighter fleet will be increased to 10 in the next 18 months. "Some of the ten aircraft will be invested in the Philippines which also happens to be our number one route, where our volume in the whole region is," Chareonwonsak disclosed. The A321F will service key industrial destinations in the Philippines such as Davao, bringing goods and produce to various cities in the region like Hong Kong, he explained. Teleport, founded in 2018, saw accelerated growth in the last 24 months that led to its market leadership position in Southeast Asia. Its growth was driven by the fact that it operates the largest air logistics network in Southeast Asia using the surplus belly space of 204 wide-and narrow-body AirAsia passenger aircraft. The company also focused on full digitization and data to coordinate end-to-end e-commerce deliveries, and continuously added deep third-party airline relationships. Today, over 1,500 businesses ‘Teleport’ their goods to over 80 destinations in Southeast Asia, using one digital Airway Bill, and with a guarantee that ‘it arrives tomorrow’. "From a scrappy startup with humble beginnings in Malaysia, each day [676] Teleporters across seven countries work tirelessly to deliver more goods by air than anyone else in Southeast Asia," Chareonwongsak recalled. "We saw our growth accelerate in the past 24 months, where we have scaled a company that is profitable and on track to generate $200 million in annual revenues," the CEO added. Capital A is positioning Teleport as a profitable and affordable player in the air logistics industry as well as a reliable delivery partner for Capital A entities, such as the Superapp, days Tony Fernandes, CEO of Capital A Berhad. “The A321Fs are key for us to continue and strengthen our dominant position in Southeast Asia, as it will allow us to carry more, do more, and cover more - by adding skidded capacity into our extensive air cargo network and having more control and flexibility to accommodate our customers’ diverse needs," Chareonwongsak elaborated. The A321F's 5-hour flight range gives it access to over 80 destinations across Southeast Asia and 80 more key cities in Asia Pacific, the CEO stressed. Teleport’s A321F with 24 containerized positions on both the main and lower deck, enables it to carry a maximum payload of 27 tons/ 27,000 kgs of various cargo including e-commerce parcels, express/small parcels, large volume cargo, and dangerous goods among others. The 2nd and 3rd A321Fs, due to be delivered in the fourth quarter of 2023 and Q1 2024, respectively, will have the flexibility to be based out of Kuala Lumpur, Bangkok, Jakarta, or Manila, leveraging Teleport’s multi-hub operating model.