By Eva Richardson – The Logistic News, March 14, 2025
Malaysia-based Sin-Kung Logistics Bhd (SKL) has officially completed the acquisition of Prima Air Sdn Bhd (PASB) as part of its ambitious expansion into the air cargo sector. The deal, valued at RM20.7 million, is set to position SKL as a major player in cross-border logistics and multimodal transport solutions.
A Game-Changer for Air Freight in Southeast Asia
SKL, a leading integrated logistics service provider, has traditionally focused on airport-to-airport road feeder services, container haulage, warehousing, and distribution. The acquisition of PASB marks a strategic pivot into the air cargo industry, reinforcing SKL’s ability to provide end-to-end supply chain solutions.
“The acquisition of Prima Air allows us to expand our logistics capabilities beyond road and sea freight,” an SKL spokesperson stated. “With growing demand for air cargo driven by e-commerce, electronics, and perishables, this move aligns with our long-term strategy to integrate air freight into our operations.”
Leveraging Prima Air’s Assets for Growth
PASB specializes in aircraft sales and leasing and holds both an Air Service Permit (ASP) and an Air Operator Certificate (AOC)—valid until March 31, 2025, and December 31, 2025, respectively. These certifications will enable SKL to:
- Operate non-scheduled commercial air transport services.
- Expand into private jet charter and dedicated air cargo operations.
- Develop interline agreements with airlines to strengthen cross-border logistics.
According to SKL, the acquisition will also facilitate the launch of new air feeder services, allowing the company to connect underserved trade routes in Southeast Asia and beyond.
Strengthening Regional and International Logistics
With this expansion, SKL is looking to establish itself as a key air cargo provider, enhancing trade connectivity between Malaysia, Singapore, and regional markets. The company aims to:
- Enter into cargo interline agreements with major airlines.
- Enhance cross-border air logistics solutions, particularly for high-value and time-sensitive shipments.
- Provide full supply chain solutions for international freight forwarders.
“By integrating air freight into our portfolio, we can provide seamless multimodal logistics solutions for our global clients,” SKL’s statement noted. “This acquisition strengthens our market position and enables us to offer competitive, efficient, and faster transport options.”
Positioning for Future Growth
With global air cargo demand projected to rise, SKL is making a bold move to stay ahead of industry trends. The company’s investment in air freight aligns with broader market shifts, including the rise of e-commerce-driven logistics and the increasing need for rapid supply chain adaptability.
The completion of the PASB acquisition marks the beginning of a transformative journey for SKL, reinforcing its role as a leading logistics provider in the Asia-Pacific region.
Stay connected with The Logistic News for exclusive insights into major logistics deals, air cargo market trends, and global supply chain developments.
