FedEx Delivers Greater Access to Global Markets for Malaysia Businesses with A300 Freighter Flightby Press Release on 2012-07-05 05:20:55
Aircraft Upgrade Provides a 31% Freight Capacity Increase Between Malaysia and Global Markets
KUALA LUMPUR, July 2, 2012—FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, today launched an Airbus A300 freighter into Malaysia. The A300 will operate six days a week from Monday to Saturday between Kuala Lumpur and Penang and the FedEx Asia Pacific hub in Guangzhou, China. With a capacity of more than 40,000kg, the A300 will provide 31 percent additional cargo capacity for businesses shipping into and out of Malaysia.
“At FedEx, we are committed to delivering an outstanding customer experience and providing our customers in Malaysia with greater access to markets and opportunities in Asia Pacific and the global marketplace,” said Mr. Ramesh Kumar Singam, managing director, FedEx Express, Malaysia and Brunei.
“The deployment of the A300 freight service not only strengthens FedEx operations and its network, it also reinforces the FedEx commitment to supporting Malaysia’s long-term economic growth.”
Malaysia’s trade growth from 2012 to 2026 is projected to grow 139.37%, according to the HSBC Global Connections Trade Forecast. The report also predicted that Malaysia will grow at an annualised rate of 3.30% over the next five years and at an annualised growth rate of 6.85% from 2017 to 2021.
FedEx has been focused on Malaysia since 1989 and with 37 flights per week, FedEx has the highest number of dedicated flights of any international express company operating its own flights in and out of Malaysia to Asian and U.S. destinations.