Teleport wants to buy 7 freighters

Teleport, the logistics arm of Yibi Investment Group, plans to purchase 7 additional cargo planes, with a view to increasing the number of packages delivered daily to 2 million by the end of 2025.

Teleport CEO Peter Charonwangsa said at the press conference that the average daily package delivery volume of 2 million pieces makes the company comparable to its global peers and is at the same level of operation.

Compared to the average of 130,000 packages per day in 2023, Teleport's target is equivalent to an increase of 14.38 times.

Currently, Teleport has 3 narrow-belly cargo aircraft and works with 30 other global aviation partners. By the end of the first quarter of this year, the company's average daily shipment volume had increased to 170,000 packages.

Furthermore, Pete pointed out that in terms of daily air traffic or traffic from China to Southeast Asia, market demand is not an issue.

“The point is that now there are a lot of e-commerce packages departing from China; in fact, there are more than 2 million packages every day. So one of the key markets we are focusing on is China.”