MASkargo, the air cargo subsidiary of Malaysia Airlines, has said that once its contract on the four Boeing 747-200F’s it wet leases from Air Atlanta Icelandic expires next year it hopes to acquire more modern and larger aircraft, possibly either 747-400’s or Airbus A330’s, to boost its capacity.

The carrier had laid up one of its 747’s in March due to plummeting volumes, but this has since returned to service following early signs of a recovery. MASkargo said it is also planning to start work on expanding its Advanced Cargo Centre at Kuala Lumpur airport before the end of the year. The company is expecting to increase its handled tonnage at the facility by 10 per cent in 2010.