Southern Air and Malaysia Airlines Cargo (MASkargo) have announced that they have entered into a multi-year, multi-aircraft wet lease agreement. Southern Air initially will provide MASkargo with three Boeing 747 Freighters along with crew, maintenance and insurance. MASkargo also has an option to lease up to five aircraft, which will provide it additional flexibility to meet its customers’ growing demand for additional lift capacity and to develop the ability to service new markets. … [Read more...] about MASkargo deal with Southern for 3 B747Fs
Shahari Sulaiman
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