MJets Air Sdn Bhd, a subsidiary of MMAG Aviation Consortium Sdn Bhd (MAC) under MMAG Holdings Berhad, has achieved a significant milestone with the acquisition of its first owned freighter, a Boeing B737-400SF Converted Freighter. This addition expands the company’s fleet to seven aircraft and marks a pivotal step in its ambitious goal to grow its fleet to 13 by the end of 2025.
Previously operating a fleet of six leased aircraft, MJets Air’s transition to ownership highlights a strategic move towards enhanced cost control, operational flexibility, and long-term growth. This acquisition comes at a time of unprecedented demand for air cargo services, which has outstripped the company’s existing capacity.
“This acquisition marks a significant step forward in MJets Air’s mission to lead the regional air cargo market and strengthen its role as a key feeder operator,” said Woo Kam Weng, chairman of MJets Air. He emphasised that fleet expansion is essential to meet growing customer demands, improve service reliability, and unlock new opportunities in the rapidly evolving logistics landscape.
The Boeing B737-400SF, known for its cost-efficiency and payload capacity of up to 18 tonnes, is ideally suited for regional operations. Its design facilitates diverse cargo types, including e-commerce shipments, perishables, and industrial goods, aligning perfectly with MJets Air’s strategic focus on short- to medium-haul routes across Southeast Asia, China, and India.
MJets Air has recently reinforced its market presence through strategic partnerships with major industry players such as MasKargo, Teleport, China Southern Airways, and All Nippon Airways (ANA). These collaborations have strengthened its connectivity across key routes and optimised capacity utilisation, enhancing service delivery and expanding its customer base.
The acquisition also reflects MJets Air’s commitment to addressing market trends highlighted by the International Air Transport Association (IATA). According to IATA, global air cargo demand is projected to grow at an annual rate of 4.1 per cent through 2025, driven by e-commerce and global trade recovery. With the Asia-Pacific region contributing nearly 40 per cent of global air cargo traffic, MJets Air is well-positioned to capitalise on this growth, particularly in high-demand markets.
“This expansion addresses the overwhelming demand for air cargo services, which has outpaced our current capacity,” Woo stated. He further noted that limited aircraft availability had constrained the company’s ability to accept new bookings or charters, making the acquisition crucial to fulfilling customer requirements and enhancing operational excellence.
As MJets Air moves towards its 13-aircraft target, it remains focused on sustainable growth, profitability, and maintaining its leadership position in the regional air cargo market. With its strengthened fleet and robust network of partnerships, the company is poised to deliver superior service and support the region’s dynamic logistics needs.
This acquisition solidifies MJets Air’s reputation as a key player in the aviation and supply chain sectors, paving the way for continued growth in one of the world’s most vibrant cargo markets. 
