MASkargo ups Europe trips


MASKARGO Sdn Bhd, which has seen increased demand for cargo space since the war in Iraq began, plans to expand freight services to Europe. It also sees a 20% increase in air cargo transhipment this year.  

Senior general manager J.J. Ong said that as “businesses are going on as usual,” cancellation of passenger flights due to the war had resulted in a surge in demand for transhipment in the region. 

The suspension of passenger flights by competitor airlines like Cathay Pacific, Singapore Airlines and Thai Airways due to the war and the severe acute respiratory syndrome (SARS) epidemic had prompted MASkargo to add three more freighter flights to Europe, bringing the total to eight a week. And it plans to have 12 services a week to Europe by July. 

“We still have a backlog despite the additional flights,'' he said after a contract renewal signing ceremony with 70 sales agents in Sepang yesterday.  

It has about 200 sales agents nationwide. 

J.J. Ong (left) shaking hands with Danzas AEI MD Tee Tuan Leong after the signing.

Ong said 70% of air cargo transhipment was going on passenger flights, and at present MAS has not reduced its passenger flights.  

“The recent addition in the flight frequency by the company alone was quite significant.  

These will help us strengthen our position in Europe,'' he said, adding that MASkargo was targeting to handle more than 600,000 tonnes, a new high, by year-end, compared with 515,000 tonnes in the year ended April 31, 2002. 

“For the first 3 months of 2003, the company recorded 18%-19% growth in cargo transhipments compared with the same period last year,’’ he said. 

MAS is among the biggest cargo operators in Europe. Its European hub is at Amsterdam's Schiphol airport, the continent's 4th largest airport and one of the best passenger airports in the world. 

Ong said MASkargo was currently looking at the possibility of expanding its freighter service to the US and Shanghai. “In the medium and long term, we are expanding in tandem with our passenger counterparts,'' he added.  

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Business News

Fitch sovereign rating revision due to Covid-19, political developments
Fitch downgrades Malaysia to BBB+
INIX signs MOA to buy stake in a glove producer�
Singapore picks Grab, Ant Group, others for four digital banking licences
Widad bags 5-year contract to manage ferry terminals in Perlis, Kedah
Trading volume on Bursa at 2-week high of 14b shares
Activist funds scupper Singapore firm's merger in rare victory
Oil prices jump after Opec+ inks supply compromise
Boilermech sees 20.64m shares traded off-market
Japan Credit Rating Agency affirms Maybank A ratings

Stories You'll Enjoy