kuala lumpur: MJets Air Sdn Bhd, a subsidiary of MMAG Holdings Bhd, is actively exploring partnerships with other airlines and logistics companies, including industry leaders such as China’s JD.com and Cainiao, and Switzerland’s Unilode Aviation Solutions .
Chairman Wu Kam Wen said that through these partnerships, MJets Air aims to expand its service network, increase flight frequency and improve operational efficiency.
MJets Air aims to deliver superior value to its customers by leveraging the expertise and reach of its partners.
At the same time, we are solidifying our position as a major feeder operator in the regional air cargo ecosystem.
“MJets Air aims to maximize the potential of strategic alliances by integrating resources and sharing data with partners such as MasKargo, ANA, JD.com and Cainiao.
“These collaborations enable more efficient route planning, better capacity utilization, and enhanced scheduling to meet dynamic market demands. Strategic alliances with leading airlines enable MJets Air can now offer a wider range of routes, interoperable capacity and flexible schedule options,” Wu said. sunbiz.
He said that strategic alliances with suppliers and service providers allow MJets Air to focus on providing air cargo solutions and leverage the expertise of its partners to continuously improve operational efficiency.
“By aligning its operations with a network of leading companies, MJets Air ensures seamless connectivity on high-demand routes. Additionally, this partnership will streamline cargo handling processes, reduce lead times, It will help improve service reliability and strengthen MJets Air’s role as a reliable feeder operator in the regional air cargo supply chain,” Wu said.
Last week, MJets Air acquired its seventh aircraft, a Boeing B737-400SF modified freighter, from JPA No.161 Co Ltd for RM20.76 million. Jets Air currently operates six leased aircraft. The recently purchased seventh aircraft is the company’s first owned freighter and marks a transition to ownership aimed at improving cost control and growth.
The company said the purchase of the aircraft is part of the group’s strategic measures to expand and strengthen its air cargo capacity, strengthen its fleet management and improve operational efficiency.
When asked about the long-term cost and operational benefits that MJets Air expects from moving from leased to owned aircraft, Mr. He explained that this eliminates the need for expensive maintenance reserve costs that cannot be recovered, resulting in significant long-term cost savings.
“This gives MJets Air more flexibility in fleet management and allows us, as aircraft owners, to explore market opportunities for our specific operational needs without being restricted by lessors. This strengthens the company’s balance sheet and creates opportunities for capital recovery through the potential for resale and redeployment of the aircraft,” Wu said.
