Teleport Expands Global Reach with New Partnership: Signs MoU with VietJet
Malaysia-based cargo airline Teleport has continued to expand its airline partnerships through a new agreement with VietJet.
The two airlines this week signed a Memorandum of Understanding (MoU) at the Air Cargo Southeast Asia 2023 event in Singapore.
The partnership will combine Teleport’s Southeast Asia network with VietJet’s global operations.
The move will help Teleport capitalize on growing demand in Vietnam, the carrier said.
Francis Antony, cargo group head of Teleport, said: “Our partnership with VietJetAir Cargo is timely as Vietnam is clearly growing to be a key market in Southeast Asia, with increasing manufacturing lines shifting to the country in recent years, contributing to more than 20% to the country’s GDP in 2022.
“VietJetAIr Cargo will be able to leverage our freighter capacity and we are able to move goods across key lanes such as Kuala Lumpur to Vietnam.
“Together, we will bolster economic connectivity between Vietnam and the region, ensuring seamless connectivity and enhanced services for both our customers.”
Nelson Wu, Vietjet air cargo managing director, said that its customers would benefit from access to new locations and faster speeds.
“This especially empowers our businesses in Southeast Asia to engage in global trade with greater ease and confidence in the coming time,” Wu said.
The deal is the second Teleport has signed in the last month.
At the start of October, the carrier announced an interline agreement with China-based express carrier SF Airlines.
Teleport brings to the table access into Southeast Asia, and SF Airlines a large express network within China and outbound into European and North American markets.
The move comes as Teleport looks to create new cargo streams to fill the holds of its expanding fleet.
The carrier is in the process of adding 10 converted A321 freighters, with the first delivered in July of this year.