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AirAsia X secures space utilisation for one-third of A330-300 fleet

THE STAR – AirAsia X (AAX) has secured full belly space utilisation for one third of its wide body A330-300 fleet for an initial period of one year.

In a statement yesterday, AirAsia said Teleport, the logistics venture of Capital A would use the additional capacity from AAX to fulfil its robust customer requirements, both intra and across the whole of Asia Pacific.

“This is the second major announcement in as many weeks for the newly restructured AAX seeking to significantly boost its regional presence as a viable long-term partner to some of the biggest global freight forwarders,” it said.

AAX Chief Executive Officer Benyamin Ismail said the company was also in discussions with several other major global clients that have air cargo requirements, particularly to where it has established bases and flying rights.

“For the foreseeable future, cargo revenue will underpin our route strategy and passenger revenue, for the first time, will be ancillary,” he said.

An AirAsia aircraft. PHOTO: CNA