All Nippon Airways, Japan's second-largest airline, says its business will dip into the red for the first time in six years and it expects a group net loss of JPY9 billion for the year to March 31 instead of a previously projected profit of JPY17 billion. It had a JPY64.1 billion profit the previous year. But the group's revenue from its international cargo operations increased 9.8 per cent during the April-December period from a year earlier to JPY 59.2 billion (US$660.7 million). … [Read more...] about All Nippon sees cargo revenue rise
All Nippon Airways
Plummeting volumes for JAL and ANA
Japan Airlines, Asia¡¯s biggest air carrier, said international cargo volume declined for five months in a row to November, when volume plummeted 25.1 per cent to 47,000 tonnes. During the first eight months of the fiscal year 2008, which started in April, international volume totaled 434,943 tonnes, down 7.8 per cent from the same period a year earlier. By comparison, JAL's domestic cargo in November increased 13 per cent on-year and year-to-date. Japan¡¯s second-largest airline, All Nippon … [Read more...] about Plummeting volumes for JAL and ANA
