Asia Cargo Network
- Company typePrivate
- Founded1970
- HeadquartersSingapore, Singapore
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Asia Cargo Network does
Asia Cargo Network (ACN) is a Singapore-headquartered, privately held air cargo operator founded in 1970 that runs an integrated freighter network across Southeast Asia and, increasingly, the Middle East. Its operating footprint is delivered through a constellation of airline subsidiaries and partners — Asia Cargo Airlines (Indonesia, rebranded from Tri MG Airlines in August 2021), RGA Black Stone Airlines (Indonesia), World Cargo Airlines (Malaysia), MENA Cargo Airlines, and ACN ME Cargo Service Dubai — with regional offices in Jakarta, Kuala Lumpur, and Singapore. The company employs 501-1,000 people and operates scheduled and charter freighter services on Indonesia and Malaysia domestic routes, international Asia routes, and Middle East sectors.
ACN's service portfolio spans the full air cargo value chain: freighter aircraft schedule and charter operations, ACMI wet-lease and dry-lease aircraft leasing, supply of aircraft spares and parts (wheels, brakes, avionic components, consumables, engines), airline management and acquisition services, air cargo ground logistics (wholesale/retail cargo sales and consolidation, warehousing, transportation, forwarding), and cross-border flight truck services between Singapore, Malaysia, and Thailand operating under special customs permits. The technology stack is operationally traditional, with no disclosed AI/ML, proprietary software platforms, or digital products; the core capability is the physical coordination of assets, slots, and regulatory clearances.
The business model is B2B enterprise services revenue across five streams — freighter operations, aircraft leasing, aviation-related services, ground logistics, and flight truck services — sold through direct enterprise sales to courier companies, freight forwarders, airlines, postal companies, oil and gas operators, and e-commerce platforms. Pricing is contract-based and not publicly disclosed. Ownership is founder- and family-controlled (Founder/Chairman Marco Isaak, Executive Director Zack Isaak, Group CEO Middle East and Europe Iman Marco, Corporate Advisor Sakinah Marco), with no external venture capital, private equity, or public-market involvement evidenced. The company is recognized regionally through 2022-2023 Payload Asia Awards and the 2023 SBR National Business 'Cargo Handling' Award.
Asia Cargo Network firmographics
Firmographics- Name
- Asia Cargo Network
- Legal name
- Asia Cargo Network
- Website
- https://asiacargonetworkgroup.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Asia Cargo Network industry classification
Industry- Product category
- Air Cargo Services
- NAICS
- Scheduled Freight Air Transportation (481112), Freight Transportation Arrangement (48851)
- SIC
- Air Transportation, Scheduled (4512), Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Scheduled Air Cargo Airlines (All-Cargo Carriers) (THABAEAA)
- akta.pro secondary industries
- General Cargo Air Freight Carriers (Scheduled & Charter) (TLADAAAA), Air Freight Charter Operators (THABAEAD)
Keywords
Where Asia Cargo Network is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
Asia Cargo Network business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Freighter Aircraft Services: Provides freighter aircraft schedule and charter operations across Indonesia and Malaysia domestic routes, international routes across Asia, and Middle East sectors.
- Aircraft Leasing: Aircraft Wet Lease (ACMI - Aircraft Crew Maintenance Insurance) and Aircraft Dry Lease services.
- Aviation-related Services: Includes supplies of aircraft spares and parts (wheels, brakes, avionic components, consumables, engines), airline management services, and air cargo ground logistics services.
- Air Cargo Ground Logistics: Wholesale and retail market cargo sales and consolidation, warehousing, transportation, and forwarding services.
- Flight Truck Services: Cross-border airline truck services between Singapore, Malaysia and Thailand with special permits for swift clearances on airline pallets.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Asia Cargo Network product offering
Product offeringCore offering
Asia Cargo Network is an air cargo brand operating a Boeing freighter fleet across Southeast Asia through airline subsidiaries in Indonesia, Malaysia, and Singapore. It sells scheduled and charter freighter aircraft services, aircraft wet (ACMI) and dry leasing, aircraft spares and parts, airline management and acquisition services, air cargo ground logistics (warehousing, transportation, forwarding), and cross-border airline truck services. Customers are enterprise courier companies, freight forwarders, airlines, postal companies, e-commerce platforms, and natural resource/oil and gas operators.
Product overview
Asia Cargo Network (ACN) operates as an air cargo network managing operations through three airline subsidiaries: Asia Cargo Airlines (Indonesia, rebranded from Tri MG Airlines in August 2021), RGA Black Stone Airlines (Indonesia), and World Cargo Airlines (Malaysia). The company offers integrated air cargo logistics solutions including freighter aircraft services, aircraft leasing (both ACMI wet lease and dry lease), supplies of aircraft spares and parts, airline management services, ground logistics services (warehousing, transportation, forwarding), and cross-border flight truck services. Services are targeted at e-commerce platforms, courier companies, postal companies, natural resource explorers, oil drilling companies, airlines, freight forwarders, and shippers.
Differentiator
Problem solved
Functional benefit
Products and services
- Freighter Aircraft Schedule and Charter Operations Scheduled and ad-hoc charter cargo flights operated across Indonesia and Malaysia domestic routes, international routes across Asia, and Middle East sectors, targeted at courier companies, freight forwarders, airlines, and shippers.
- Aircraft Leasing (ACMI Wet Lease and Dry Lease) Aircraft Wet Lease (ACMI - Aircraft, Crew, Maintenance, Insurance) and Aircraft Dry Lease services for freighter operations, available to partner airlines and other operators.
- Supplies of Aircraft Spares and Parts Supply of aircraft spares and parts including wheels, brakes, avionic components, consumables, and engines for aviation maintenance needs.
- Airline Management Services Airline management services offering acquisition and business restructuring support for airline operators.
- Air Cargo Ground Logistics Services Wholesale and retail market cargo sales and consolidation, warehousing, transportation, and forwarding services for air cargo customers.
- Flight Truck Services Cross-border airline truck services between Singapore, Malaysia, and Thailand with special permits for swift clearances on airline pallets, supporting air cargo connectivity.
Quantifiable outcome
- Amplified market share, revenue growth, and enhanced customer satisfaction
Companies that use Asia Cargo Network
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles6 records
Asia Cargo Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Asia Cargo Network partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Aero Speed Aviation Pte LtdminorSingapore-based networking partner within ACN's airline partner network.
- World Cargo Airlines Sdn BhdcoreMalaysia-based airline partner within ACN's network. Part of the group of airline partners providing freighter aircraft services across the region. Won Express Provider of the Year award at Payload Asia Awards 2023.
- Asia Cargo AirlinescoreIndonesia-based airline partner within ACN's network. Rebranded from Tri Mg Airlines in August 2021 under DGCA Indonesia. Based in Halim Airport Perdana Kusuma, Jakarta. Won Rising Cargo Carrier of the Year at Payload Asia Awards 2022.
- RGA Black Stone AirlinescoreIndonesia-based airline partner within ACN's network operating cargo flights throughout Indonesia.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Asia Cargo Network competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Asia Cargo Network social profiles
Digital presenceAsia Cargo Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Asia Cargo Network leadership team
Management profileNumber of profiles
Profiles20 records
Asia Cargo Network subsidiaries and ownership
Company hierarchySubsidiaries4 records
Asia Cargo Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Asia Cargo Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Asia Cargo Network
What does Asia Cargo Network do?
Asia Cargo Network is an air cargo brand operating a Boeing freighter fleet across Southeast Asia through airline subsidiaries in Indonesia, Malaysia, and Singapore. It sells scheduled and charter freighter aircraft services, aircraft wet (ACMI) and dry leasing, aircraft spares and parts, airline management and acquisition services, air cargo ground logistics (warehousing, transportation, forwarding), and cross-border airline truck services. Customers are enterprise courier companies, freight forwarders, airlines, postal companies, e-commerce platforms, and natural resource/oil and gas operators.
Is Asia Cargo Network a public or private company?
Asia Cargo Network is a private company. It is classified as family owned and is currently operating.
When was Asia Cargo Network founded?
Asia Cargo Network was founded in 1970. It employs 501 to 1,000 people.
Where is Asia Cargo Network based?
Asia Cargo Network is headquartered in Singapore, Singapore, in the Asia region.
How does Asia Cargo Network make money?
Five revenue lines are on record. Freighter Aircraft Services are the primary driver. The others are aircraft Leasing, aviation-related Services, air Cargo Ground Logistics and flight Truck Services.
Does Asia Cargo Network have an API?
No public API is recorded for Asia Cargo Network.
What industry is Asia Cargo Network in?
Asia Cargo Network's product category is Air Cargo Services. Its primary akta.pro industry code is THABAEAA, Scheduled Air Cargo Airlines (All-Cargo Carriers), with a secondary code of TLADAAAA, General Cargo Air Freight Carriers (Scheduled & Charter). Its NAICS code is 481112 and its SIC code is 4512.