The partnership supports growing demand for air freight and regional trade volume
Teleport, an integrated logistics provider, and Etihad Cargo have partnered together to inject cargo capacity and frequency on their respective cargo network between Southeast Asia and the Middle East, with plans to increase frequency in the foreseeable future. This move is against a backdrop of growing airfreight demand and trade between the two regions.
Trade between the Gulf nations and emerging Asian nations continue to show high growth momentum, surging 35% from US$ 383bn in 2021 to US$ 516bn in 2022, and is expected to reach US$ 757bn by 2030, according to a press communique.
By the end of this year, the partnership is expected to see 1600 tonnes of cargo moved between the two destinations with potential for an increase in flight frequency and new routes.
“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,” remarked Stanislas Brun, Vice President of Cargo, Etihad Cargo.
“This sort of synergy is testament to what Teleport has been building through its Air Partners programme as a win-win solution for all Teleport Air Partners, where we can continue to build and grow, and never fly empty,” commented Jagedeswaran Nadrajah, Head of Air Partners, Teleport.