India's youngest cargo airline Pradhaan Air Express and Teleport, the logistics venture of Capital A (formerly known as AirAsia Group) signed a Memorandum of Understanding (MoU) on Thursday (May 11) on the side-lines of air cargo Europe/transport logistic trade fair in Munich, Germany.

According to the MoU, Teleport wants to employ the world's first (and only) converted A320 freighter to further increase its cargo network coverage and palletized capacity on critical sectors connecting India and Southeast Asia.

Nipun Anand, founder and CEO, Pradhaan Air Express, said, "We are excited to partner with Teleport. As a young cargo airline, this partnership is a major step towards achieving our goal. We are grateful for the confidence reposed in us by the Teleport team."

Francis Antony, Group Head Cargo Commercial, Teleport said, "Our partnership with Pradhaan Air Express will enhance Teleport's cargo offerings for our customers in Southeast Asia and the larger Asia Pacific region, additionally strengthen our capability to serve the growing e-commerce market in this region. This will also contribute towards our effort to consolidate our market leadership position in the Southeast Asia region."

Teleport is an air logistics solutions provider, building its leadership in the Asian market with an extensive combined air logistics capacity network, comprising full freighters and passenger belly capacity of 205 wide- and narrow-body AirAsia aircraft.

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