Malaysia Airlines (MAS) has been served with a complaint by a US court over allegations of price fixing on US cargo shipments. MAS said its offices in the US were served with the complaint, which was filed by Benchmark Export Services and six other plaintiffs against MAS and 11 other defendants. "The case involves allegations of price fixing on airfreight shipping services and related surcharges," it said, adding it was seeking legal advice in relation to the complaint … [Read more...] about MASkargo hit by price fixing complaint in US
Leaderboard
MASkargo
MASkargo to upgrade cargo complex
Malaysia Airlines Cargo (MASkargo) plans to invest 100 million ringgit (US$30 million) to upgrade the material handling system of its cargo handling complex at Kuala Lumpur International Airport (KLIA) over the next four years, according to MASkargo. "Although the business environment remains challenging, we in the industry are expecting 2010 to be less volatile with moderate growth forecasted," said MASkargo managing director Shahari Sulaiman. Sulaiman said the upgrade would commence in … [Read more...] about MASkargo to upgrade cargo complex
MASkargo charts expansion plans
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 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
