New cargo airline in Malaysia; Kargo Xpress
In Malaysia, work is ongoing to launch a new cargo airline, Kargo Xpress. It first aircraft, a B737-400SF currently registered N135WF (26605) is being prepared for delivery at Montpellier. The airframe was previously in use by Connect Linhas Aéreas as PR-CNC, but was returned to lessor Vallair in March 2020.
KargoXpress is owned by aircraft broker M Jets International, which previously tried to start a new passenger airline in Malaysia called Love2Fly. Unfortunately this didn't went well and its sole B737-800 was returned to the lessor after never having flown a commercial flight. In December 2020, M Jets International was taken-over by NMAG Holdings, which wanted to expand into the air logistics business to take advantage of the growing e-commerce market in Malaysia.
It's said that Kargo Xpress will add another B737-400SF later this year, but it's currently unknown when and which airframe this will be.
Photo by Kargo Xpress.