Latest news with #Teleport
Hi Dubai
6 days ago
- Business
- Hi Dubai
From East Asia to Everywhere: Emirates SkyCargo Expands Cargo Corridors
Emirates SkyCargo has strengthened its presence in East and Southeast Asia with the launch of passenger services to Hangzhou, China, boosting its weekly cargo capacity in and out of the region to over 21,000 tonnes. The carrier now serves 25 gateways across 12 countries and territories — the most extensive route network of any non-Asian airline in the region. Dedicated freighters operate to nine key gateways with 44 weekly flights, complemented by 13 charter services and 311 weekly passenger flights. The high-frequency schedule sees an Emirates aircraft depart East or Southeast Asia roughly every half hour. Abdulla Alkhallafi, Vice President of Cargo Commercial for the Far East and Australasia, said: 'East and Southeast Asia are shaping the future of global logistics and trade. Our continued investment reflects the region's role as both a manufacturing powerhouse and a fast-growing consumer market.' The airline's operations uplift an average of 450 tonnes of fresh produce, 100 tonnes of pharmaceuticals, 75 tonnes of electronics, 180 tonnes of garments, and over 1,300 tonnes of e-commerce each week. Its 'Aerial Silk Road' network connects the region with more than 145 destinations worldwide, supporting initiatives like China's Belt and Road by providing rapid links to over 50 participating countries. In a strategic move, Emirates SkyCargo partnered with Teleport, AirAsia's exclusive cargo arm, unlocking access to over 100 airports in Southeast Asia. The alliance enhances global connectivity for regional businesses while providing greater capacity and flexibility for customers worldwide. The carrier has a history of setting benchmarks in the region, launching the first direct freighter link between Dubai and mainland China in 2002 and, in 2025, introducing the first scheduled freighter between Japan's Narita International Airport and the Middle East. As part of its 10-year growth strategy, Emirates SkyCargo plans further capacity increases and new routes in East and Southeast Asia, reinforcing its role in global supply chains and driving bilateral economic growth. News Source: Dubai Media Office
Techday NZ
07-08-2025
- Business
- Techday NZ
Teleport launches Secure MCP to protect AI enterprise workflows
Teleport has announced the general availability of its Secure Model Context Protocol (MCP) for use on the Teleport Infrastructure Identity Platform. The Secure MCP solution seeks to address new security challenges emerging from the rapid adoption of artificial intelligence across enterprises. Recent data from Enterprise Strategy Group indicate that 44% of enterprises have now deployed AI within their organisations. Teleport's Secure MCP is designed to provide security guardrails for AI systems as they interact with databases, MCP servers, and other forms of enterprise data. The Model Context Protocol is an open standard that enables AI models to connect with various tools, databases, or applications using a simplified, universal interface. This is intended to streamline integration in a manner akin to technology standards such as USB-C for physical devices. Despite these integration benefits, MCP was not originally intended with access control, which presents risks around unrestricted data access for AI models. Consequently, there is a need for mechanisms that can provide controlled, audited, and secure access to sensitive data. Teleport's Secure MCP responds to these needs by employing its Infrastructure Identity Platform, which extends existing trust frameworks to AI-based workflows. The platform enforces both Role-Based and Attribute-Based Access Controls (RBAC and ABAC) to manage the resources that large language models (LLMs) can access. Every session involving AI data access is logged, thereby contributing to regulatory compliance and audit readiness. Ev Kontsevoy, Chief Executive Officer of Teleport, commented on the development: "AI is terraforming how software is deployed in organizations. It shouldn't require a major public security incident to motivate business leaders to prepare for this impending challenge. Applying the same access control guardrails for AI, humans, and non-human identities accelerates AI adoption while locking in the protection needed to prevent unauthorized access of data. That's why we launched our secure MCP solution for Teleport, to enable enterprises to confidently unlock AI's innovation without falling prey to its security vulnerabilities and loopholes." Industry analysts have noted a concurrent rise in deployments of AI agents that operate within core enterprise systems, increasing the urgency for businesses to address identity and data security concerns. Todd Thiemann, Principal Analyst for Identity Security & Data Security at Enterprise Strategy Group, highlighted the pressing nature of these issues: "A wave of AI agent deployments that touch on core enterprise systems is in process, and identity teams need to be prepared. Recent Enterprise Strategy Group research showed that data privacy and security for AI agents were major concerns for enterprise security teams. Teleport's Secure MCP solution lays the groundwork for secure agent deployment and enables identity teams to get ahead of the game in securing their AI agent deployments." Secure MCP delivers several key architectural components for AI and MCP deployments. These include Zero Trust Networking, allowing only authenticated clients to interact with MCP servers over encrypted connections. A live MCP server inventory feature allows administrators to discover and register MCP tools across hybrid infrastructure environments automatically. Strict access control ensures that language models are only able to access resources for which they are specifically authorised, while the principle of least privilege means that authorisations are granted on a just-in-time basis for defined tasks. This minimises the potential risk of overprivileged or persistent access by AI models. Additionally, comprehensive audit trails provide a record of every attempt - successful or denied - by LLMs to access data. The extension of these security controls to MCP allows engineering teams to develop technology that incorporates AI without opening new avenues for unauthorised access to company data. By supporting both machine and user-driven LLM workflows, Teleport states its platform is positioned to accommodate a range of AI integration scenarios while maintaining a strong security posture. Follow us on: Share on:
New Straits Times
14-07-2025
- Business
- New Straits Times
HLIB: Teleport's 2mil daily parcels to bring up to RM60mil quarterly
KUALA LUMPUR: Capital A Bhd's logistics arm Teleport is estimated to contribute between RM50 million and RM60 million in quarterly earnings once it achieves its target of delivering two million parcels per day, according to HLIB Research. The firm said Teleport's stronger cargo volumes, rising eCommerce delivery demand and improved network utilisation have supported the company's earnings for two consecutive quarters. The logistics unit delivered a turnaround in the fourth quarter of the financial year 2024 with a RM2.2 million net profit and stayed in the black in the first quarter of the financial year 2025 with a RM400,000 profit. "Teleport continues to deliver record-breaking volume performance, powered by the reactivation of AirAsia's fleet, the launch of three owned freighters and strategic partnerships with third-party airlines. "Management remains confident of achieving its two million parcels-per-day target by end-2025, with growth primarily driven by the continued expansion of third-party airline partnerships," it said. HLIB Research added that the recent depreciation of the US dollar has further supported this momentum, delivering a net positive impact on Teleport's margins. It said while about 15 per cent of Teleport's revenue is denominated in US dollars, a larger portion of its operating costs, notably airline space leasing, is in the greenback. The US dollar has weakened by 5.2 per cent against the ringgit, 5.4 per cent against the Thai baht and 2.8 per cent against the Philippine peso. Meanwhile, the impact is marginal, as most cargo is carried in the belly space of AirAsia and third-party airlines, where pricing is demand-driven. HLIB Research said future capacity growth will primarily come from third-party partners, which has grown 125 per cent in the first quarter. The firm maintained its "buy" call on Capital A with a target price of RM1.68 a share based on the implied valuation of RM6.8 billion for aviation business and assuming RM2 billion for non-aviation segments.
BusinessToday
07-05-2025
- Business
- BusinessToday
Capital A To Expand Into Saudi Arabia With New Aviation And Logistics Ventures
Capital A Bhd today unveiled plans to expand its operations into Saudi Arabia as part of a broader Middle East growth strategy. The Group aims to introduce new AirAsia routes to Riyadh and Dammam, while also increasing flight frequencies to Jeddah from Kuala Lumpur. Additionally, it is exploring new connections from Bangkok and Jakarta to Riyadh, further enhancing connectivity between the ASEAN region and the Middle East. Beyond expanding its airline services, Capital A plans to introduce its entire business ecosystem to Saudi Arabia, including Teleport, its growing logistics arm, Asia Digital Engineering (ADE), which provides aircraft maintenance services, and AirAsia MOVE, a digital travel platform offering end-to-end travel booking solutions. The announcement follows high-level discussions between Capital A's leadership team, including CEO Tony Fernandes and Tassapon Bijleveld, CEO of AirAsia Thailand, and Saudi officials from the Ministry of Investment, General Authority of Civil Aviation (GACA), and the Ministry of Transport. These discussions focused on potential strategic partnerships in airline connectivity, Red Sea tourism development, and logistics and aircraft engineering services. Tony Fernandes commented on the opportunities in Saudi Arabia, saying, 'The cultural shift, the transformation in people's lives, and the scale of ambition is truly mind-blowing. The energy is infectious, and we're excited to grow with our brothers and sisters in Saudi Arabia.' He also highlighted the potential of the new Riyadh route, forecasting it to serve nearly one million two-way passengers by 2026 and over seven million by 2030, reflecting strong demand for connectivity between ASEAN and the Gulf region. As part of its logistics focus, Teleport plans to collaborate with Saudi logistics hubs and free trade zones to establish efficient cargo corridors, aiming to support Saudi Arabia's Vision 2030 goals of becoming a global logistics hub. AirAsia's extensive belly cargo capacity will support this effort, helping to position the Kingdom as a transshipment point for goods moving between Asia, Europe, and Africa. Additionally, ADE aims to support the Kingdom's rapidly growing aircraft maintenance sector by potentially setting up line maintenance facilities at key airports, training local talent in aviation engineering, and sharing best practices in maintenance, repair, and overhaul (MRO) services. Saudi Arabia has now become a top priority market for Capital A, following its successful expansion into India and China. The Kingdom's Vision 2030 is transforming it into a global tourism and logistics hub, offering significant opportunities for Capital A's multi-vertical business model to contribute to this growth. Further updates on route launches, operational timelines, and ecosystem collaborations are expected to be announced in the near future. Related
New Straits Times
07-05-2025
- Business
- New Straits Times
Capital A expands into Saudi Arabia, new routes include Riyadh, Dammam
KUALA LUMPUR: Capital A Bhd is embarking on a strategic expansion into Saudi Arabia, starting with new flight routes and extending into logistics, digital travel services, and aircraft engineering. The group's Middle East growth initiative will commence with direct services to Riyadh and Dammam, along with increased flight frequencies on the Kuala Lumpur–Jeddah route. As part of its broader ambition to enhance connectivity between ASEAN and the Middle East, the low-cost carrier is also assessing potential new routes from Bangkok and Jakarta to Riyadh. Beyond aviation, the expansion will bring Capital A's key subsidiaries to Saudi Arabia, including its logistics arm Teleport, maintenance, repair, and overhaul (MRO) provider Asia Digital Engineering (ADE), and its digital travel platform AirAsia MOVE. The announcement follows high-level meetings between Capital A leadership—led by CEO Tony Fernandes and AirAsia Thailand CEO Tassapon Bijleveld—and Saudi government representatives, including the Investment Ministry, the General Authority of Civil Aviation (GACA) and the Transport Ministry. Discussions covered airline connectivity, Red Sea tourism initiatives, and potential partnerships in logistics and engineering services. Fernandes said Saudi Arabia's dynamic spirit and bold national vision align perfectly with Capital A's growth philosophy, making Saudi Arabia a natural partner for the group's next phase of regional expansion. "There's a real drive to build something big, especially the breathtaking Red Sea development, which I must say is one of the most ambitious tourism and infrastructure projects in the world. The scale of it is truly inspiring, and that energy is infectious," he said in a statement. He projected that the new Riyadh route alone could serve nearly one million two-way passengers by 2026, scaling to over seven million by 2030, highlighting strong regional travel demand. Teleport aims to tap into Saudi Arabia's logistics hubs and free trade zones to establish efficient cargo corridors between Asean and the Middle East. With AirAsia's extensive network and belly cargo capacity, the venture could support Saudi Arabia's Vision 2030 goal of becoming a global logistics hub by facilitating the flow of goods between Asia, Europe and Africa. Meanwhile, ADE will explore opportunities to support the country's fast-growing aviation MRO sector, potentially establishing line maintenance facilities at key Saudi airports and helping train local talent in aircraft engineering.
