Trade between Gulf nations and emerging Asian markets has momentum, growing 35% from $383 billion in 2021 to $516 billion in 2022 and is expected to reach $757 billion by 2030.
The partnership was signed in May this year with Teleport deploying its freighters for Etihad to ship machines, raw materials, mobile phones and chip sets, among other items, from Ho Chi Minh City to Kuala Lumpur twice a week with onward connections via Abu Dhabi using Etihad’s network.
Both parties can use the partnership to maximise belly capacity out of leisure hubs including Phuket and Bali.
Etihad will deepen its connections in south east Asia on the back of Teleport’s network, and Teleport can take advantage of Etihad’s network to reach markets in the Middle East, Europe, the Americas and Africa.
By the end of the year, 1,600 tonnes of cargo is expected to be moved through the partnership.
Stanislas Brun, Vice President of Cargo at Etihad Cargo, says, “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, says, “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.”