Pos Malaysia divests from freighter operation

Pos Malaysia is divesting from its lossmaking cargo airline, Pos Asia Cargo Express, and will enter into a share sale and subscription agreement that will see Asia Cargo Network assume a 51% stake in the airline, valued at $9.6 million. The Malaysian post, through its Pos Aviation subsidiary, will maintain a 49% stake in the operator, […]

Get Air Cargo World Premium for as low as $5 per week!

Start your free one week trial today for access to the latest industry news and trends.


Current Issue Magazine Cover
Sign Up Email List