MALAYSIA Airlines Cargo Sdn Bhd's (MASkargo) network expansion drive, which is targeted to increase capacity by over 30% for the year ending March 31, 2005 from an estimated 3,238 million cargo tonne kilometre (freighter and belly) in 2004, is expected to increase revenue by more than 20%, said Malaysia Airlines senior general manager (cargo) J. J Ong.
“Although net earnings won't increase by as much, we are still targeting a double-digit earnings growth,” he told a media briefing in Kelana Jaya yesterday.