Malaysia’s Teleport and China’s SF Airlines to cross-share logistics network

Teleport, the logistics venture seeded by Malaysian low-cost airline Capital A Berhad, and SF Airlines, China’s largest air cargo carrier by fleet, have signed a bilateral interline partnership to leverage on each other’s extensive air network to better serve their respective customers - Teleport brings to the table deep logistics access into Southeast…

Malaysia’s Teleport unveils first A321 freighter

Teleport, the logistics venture seeded by Malaysia-listed firm Capital A Berhad, has officially inducted its first Airbus A321 Freighter (A321F) aircraft into its air logistics fleet, which is set to strengthen its position as the market leader in terms of most air cargo volume by tonnage across Southeast Asia, as certified by the World ACD.

Teleport raises $50M to extend cross-border delivery services in Southeast Asia

Teleport, the logistics venture under Malaysia-based Capital A Berhad (formerly known as AirAsia Group Berhad), has raised new growth capital of $50 millionfrom large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets. 

[Updated] Malaysia’s AirAsia classified as financially distressed company

AirAsia triggered the financial distress criteria, known as PN17 back in July 2020. This came after its external auditor flagged significant uncertainties that cast doubt on its ability to continue as a going concern.

AirAsia’s Teleport to raise $50M to $100M in Series A funding – report

Teleport is valued at $300 million in a deal announced in August where the firm acquired Malaysia food delivery platform Delivereat at $9.8 million.

AirAsia’s logistics arm Teleport to acquire food delivery platform Delivereat for $9.8M

The deal values Teleport at $300 million and welcomes investors, including Kuala Lumpur and Shanghai-based venture capital firm Gobi Partners onboard.