Jett8 managed to get up and running, operating 2x742 and briefly a 744 leased from Jade Cargo. One of the 742 is parked in the desert, the other parked at Changi minus no.4 engine. Very possibly a write off as the fan blades did considerable damage when they separated from the rest of the engine.
$140/ barrel oil and global financial crisis took its toll and scheduled freight runs ceased.
There was an announcement a while ago about entering the low cost market. Also they advertised for A300 or A310 pilots quite a while back but nothing came of it.
Pay is a bit light and a 742 rating isn't much use else where. If rated and experienced may be worth keeping an eye on just in case. If not you'd be better off spending your money on an A320 rating.