Kuala Lumpur, 29th June 2021 – AirAsia Group airlines have made cargo spaces on their flights available on Freightchain, the world’s first digital air cargo network based on blockchain, through adoption by Teleport, AirAsia’s logistics venture which manages their cargo services.
Freightchain uses an online booking process and digitally creates a combined itinerary to transport cargo across multiple routes, destinations and airlines. It runs on blockchain, allowing airlines to manage shipment bookings on their own.
This will provide AirAsia and other airlines a platform to increase their cargo capacity utilisation by fully interlining flights digitally with other airlines, allowing for faster and more on-demand connectivity to transport cargo across Southeast Asia and beyond. Cargo-related businesses such as exporters, importers and freight forwarders will benefit from the simplified process, improved efficiency, and huge cost savings.
Tony Fernandes, Chief Executive Officer of AirAsia Group, explained that the listing of all of AirAsia’s airlines on Freightchain supports their goals of improving their regional reputation as a digital cargo distributor and serving customers in regions outside their network such as Moscow and Brussels. He commented on the new opportunities and connections opened by Freightchain for airlines and shippers, and welcomed other airlines to join the global cargo network.
