AirAsia Cargo Unit To Invest In Package Delivery Company

Credit: EasyParcel Singapore/Facebook
AUCKLAND—AirAsia is looking to boost its cargo and logistics business by investing in and partnering with a Malaysia-based e-commerce and parcel delivery company. AirAsia’s cargo and logistics unit, branded as Teleport, will collaborate with venture capital fund Gobi Partners to invest $10.6 million...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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