News
Malaysia Aviation Group awards cargo contract to MJets Air
April 8th 2024
Malaysia Aviation Group (MAB) has contracted MJets Air to set up a regional cargo feeder network on behalf of its MAB Kargo (MASKargo) unit for six months from May 1. Read More » MJets Air parent, MMAG Holdings, said the Letter of Award (LoA) requires MJets Air to operate dedicated freighter aircraft to support MASKargo's operations. “The collaboration between MJets Air and MASKargo aims to optimise cargo transportation and logistics services with the potential to generate mutual benefits for both entities and their respective clientele,” Malaysia-listed MMAG said in a regulatory filing. “The board envisages the LoA will contribute to the overall future earnings of MMAG Group and earnings per share of MMAG for the financial year to March 31, 2025.”
