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. … [Read more...] about MASkargo charts expansion plans
MASkargo
MASkargo starts new Johor Bahru, Narita service
Malaysia Airlines Cargo (MASkargo) has introduced a new freighter service from Senai Airport to Narita, Japan. The move is part of its strategy to explore new markets in a bid to fill its planes. "We have added this new route to meet the growing demand for cargo in the southern region. We see Johor Bahru (JB) as having vast potential growth for business," said MASkargo's managing director, Shahari Sulaiman. He added that the company was assisting the Iskandar Development Region (IDR) to develop … [Read more...] about MASkargo starts new Johor Bahru, Narita service
MASkargo sees 2010 recovery, focuses on charters
Malaysia Airlines Cargo (MASkargo) - which saw a 28 per cent nose dive in cargo volume in the first half year of 2009 year-on-year - has said it expects to see a turnaround of its cargo volumes only in the second half of of next year. The Kuala Lumpur-based cargo carrier took a major hit when demand from its main market, China, fell by more than 30 per cent. "We see a light at the end of the tunnel. We see some flattening at the bottom. There is not really a jump yet but we've seen the bottom … [Read more...] about MASkargo sees 2010 recovery, focuses on charters
MASkargo looks to transhipment discounts
Malaysia Airlines Cargo (MASkargo) is pinning its hopes on further discounts to woo freight forwarders to increase their transhipment volumes through MASkargo's Advanced Cargo Centre at Kuala Lumpur International Airport (KLIA). MASkargo managing director, Shahari Sulaiman, said earlier rebates on terminal charges for cargo transhipped via Malaysia Airlines had been increased to 100 per cent for air-to-air, land/rail-to-air, and sea-to-air transhipments from April 10 to September. “With … [Read more...] about MASkargo looks to transhipment discounts
MASKargo may slash cargo capacity again
Malaysia Airlines (MAS) may slash another 20 per cent of its cargo capacity in the coming months following a cut of 23 per cent year-on-year since the fourth quarter of the 2008 financial year ended 31 December. That aggressive cut helped to bolster MAS' cargo load factor at 65.6 per cent in the fourth quarter, with yield of 90.4 sen (US$0.25) per load tonne km, compared with the load factor of 64 per cent and yield at 91.8 sen per load tonne km in the corresponding period a year ago. But taken … [Read more...] about MASKargo may slash cargo capacity again
Malaysia : MASKargo sees revenue rise despite downturn
Malaysia Airlines Cargo (MASkargo) is expecting RM2.8 billion (US$782 million) in revenue this year, up from RM2.75 billion in 2007, despite challenges in the global economy, managing director Shahari Sulaiman said recently. In the second quarter this year, MASkargo achieved a nine per cent increase in revenue of RM586 million from RM538 million in the same quarter last year. Speaking to reporters on the sidelines of the 14th World Route Development Forum (Routes KL 2008), Shahari said … [Read more...] about Malaysia : MASKargo sees revenue rise despite downturn
