MASkargo's chief resigns

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MASkargo chief executive Mohd Yunus Idris has resigned.

The 30-year veteran with Malaysia Airlines (MAS) group will leave the company on 10 June.

Yunus was appointed acting CEO of MASkargo in November 2011, and officially took over the position in August 2012.

“Yunus was able to lead his team at MASkargo to weather the tough cargo industry and its challenging market conditions where demand for cargo movement is greatly affected by economic growth of countries and continents,” says MAS group chief Ahmad Jauhari Yahya.

MAS has not announced a replacement for Yunus.