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Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec

Published 11/08/2021, 02:43 AM
Updated 11/08/2021, 02:50 AM
© Reuters. FILE PHOTO: A man walks past the logo of AirAsia at Don Muang International Airport in Bangkok, Thailand, June 14, 2016.  REUTERS/Chaiwat Subprasom

© Reuters. FILE PHOTO: A man walks past the logo of AirAsia at Don Muang International Airport in Bangkok, Thailand, June 14, 2016. REUTERS/Chaiwat Subprasom

KUALA LUMPUR (Reuters) - AirAsia Group Bhd's logistics arm Teleport is aiming to expand its fleet of cargo planes but that may not involve tapping into its parent's large order for Airbus SE (OTC:EADSY) A321neos, Teleport's chief executive said on Monday.

In an interview with Reuters, Pete Chareonwongsak backed away from comments he made last week that Teleport would look to convert a "meaningful chunk" of AirAsia's orders for 362 A321neo passenger planes to a potential newly built freighter model of the A321neo.

"All I was saying was, if (Teleport is) successful, we're talking about large orders in magnitude of freighters," Chareonwongsak said. "Obviously, AirAsia gives us a huge advantage, but that doesn't automatically mean that we can or we're able to source freighters from AirAsia."

Teleport will look at freighters converted from passenger planes like a Boeing (NYSE:BA) 737-800 it inducted last week as well as newly built freighters to grow its fleet, he said.

Airbus has not announced the development of a freighter model of the A321neo and it faces little or no pressure to win freighter sales to boost the model's production, industry sources said.

© Reuters. FILE PHOTO: A man walks past the logo of AirAsia at Don Muang International Airport in Bangkok, Thailand, June 14, 2016.  REUTERS/Chaiwat Subprasom

Chareonwongsak said Teleport had been involved in AirAsia and Airbus' discussions about the feasibility of a dedicated A321neo freighter model.

He said Teleport aims to scale up its freight business to a size that AirAsia would consider it for operating part of its fleet for freight. Teleport could also source freighters from other airlines or cargo operators, he added.

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