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JUNE 2021

Week 26

News

AirAsia links up with digital air cargo network Freightchain

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June 29th 2021

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AirAsia Group said it would offer available cargo capacity on its operating airlines on digital air cargo network Freightchain. Read More » The initiative would be managed by AirAsia's logistics business, Teleport. “As we continue to innovate across all aspects of the cargo business, the listing of AirAsia on Freightchain supports our goal of being a formidable and reputable digital cargo distributor in the region, providing customers the best services through our comprehensive flight network at the lowest possible cost," AirAsia Group co-founder, Tony Fernandes, said. "We have often witnessed the belly capacity utilisation of scheduled commercial flights is below 100%, at times about 50%. There is a huge opportunity for airlines to leverage demand interlining on Freightchain to fill the belly space to deliver significant convenience, so they never have to fly empty." The Freightchain platform is run on blockchain.

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