Teleport, the Capital A logistics subsidiary, is looking to bolster its freighter fleet from the present three to ten by the end of 2025 and is mulling an IPO further down the track, CEO Pete Chareonwongsak has told Bloomberg.

Securing the additional freighters should not be a problem given the current over-supply, he said. “It’s very easy to get freighters, either A321, A320, A330s, or any variants,” he added. “Getting seven new ones is the easy part; the hard part is how to pay for them.”

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Source: ch aviation
Read more: Malaysia's Teleport eyes fleet growth, future IPO