Capital A, the investment holding company that was formerly known as AirAsia Group, vowed to compete in the air cargo business in the Philippines, leveraging on its vast global network with a promise to bring down courier costs by about 50 percent to benefit even the smallest of Filipino enterprises.
Tony Fernandes, CEO of Capital A, said Tuesday, July 9, 2025, that its Teleport unit is expected to drive business for the group given the burgeoning e-commerce business and its global airline network.
“By having the network we have, we can get e-commerce to people much quicker,” he said.
Fernandes said there are big plans for the Philippines, but said his managers at Teleport will give more specifics. He said though that they are going to compete in terms of price and innovativeness for its Teleport Next Day service.
He noted that their wide destinations and route network would probably be stronger than anyone in ASEAN and Asia. Air Asia flies to 21 destinations in China, 18 in India, and virtually everywhere in ASEAN, he pointed out.
Capital A can also work with other airlines around the world and other modes of logistics such as trains, trucks and ships around the world.
Created during the pandemic, Teleport has brought down the courier costs by about 50 percent. “During those terrible days, we didn’t want to just give money we wanted to help people restart their business,” he said.
This gives him the idea to extend Teleport’s services. “And so from that I thought, wouldn’t it be great if we could provide a logistics service that allows even the smallest of e-commerce providers to sell their goods around the world,” he said.
They launched a Teleport service that allows next day delivery from the Philippines to ASEAN. “It’s fast and it’s cheap. So the only guys that can move a product from KL to Manila in one day, not DHL, not FedEx, not anyone else can do that at 50 percent of the cost. So Teleport’s inclusive product is to allow the small man on the street to sell their goods globally,” he said.
With that, Fernandes said they have big plans for the Philippines, noting there are a lot of great products here that are not yet seen outside of the Philippines. “You see it outside of this country when you go to San Francisco, where there’s a huge Filipino contingent, or Los Angeles. You see the entrepreneurial spirit, you see the Filipino supermarkets, you see the products that many foreigners buy, non-Filipinos, that really could be sold anywhere in the world, given the right logistics,” he said.
