Japan Airlines delivered another stable month in terms of cargo volumes in August, with volumes down 10.8 per cent year-on-year. That compares with a first-quarter figure to 31 June that was down 10.3 per cent year-on-year and second-quarter volumes down 8 per cent. … [Read more...] about JAL sees stability start to return
JAL
JAL cargo revenue plummets 56.2% in Q1
Hit by the dual impact of both the economic downturn and the outbreak of swine flu, Japan's largest carrier Japan Airlines (JAL), reported a net loss of Y99.04 billion (US$1.04 billion) in the three months ended 30 June. The dismal result was much larger than the Y3.41 billion net loss it posted in the same quarter last year. "The net loss was Y10 billion more than expected," Yoshimasa Kanayama, a JAL senior vice president, said announcing the results. JAL's cargo business took a severe hit from … [Read more...] about JAL cargo revenue plummets 56.2% in Q1
Japanese cargo slump slows
Japan’s two largest airlines saw their declines in international cargo volumes continue to slow in May. Japan Airlines, the country's largest carrier said that its international cargo volume declined for the 10th consecutive month in May, falling 21.7 per cent to 40,079 tonnes, year-on-year, a significant improvement on the 28.7 per cent plummet recorded in April. Japan’s second-largest air carrier, All Nippon Airways, said that its international cargo volume declined for … [Read more...] about Japanese cargo slump slows
JAL and NCA to cargo code-share
Japan Airlines (JAL) and Nippon Cargo Airlines (NCA) have agreed to begin code share cargo flights from 29 March. The agreement will begin with code-share flights between Narita, Tokyo and Chicago and Los Angeles with a later expansion to New York, Seoul and Shanghai, pending approval. JAL currently operates freighter-only flights on 27 routes worldwide with 70 flights per week, and with this code share agreement, the number of cargo flights a week increases to 75. … [Read more...] about JAL and NCA to cargo code-share
JAL posts US$428 million 3Q loss
Japan Airlines parent JAL Group reported a net loss of Â¥38.5 billion (US$428 million) for its fiscal third quarter ended 31 December, reversing a Â¥13.1 billion net profit in the same period a year earlier, citing declining demand, rising yen and volitile fuel prices. "The global economic slowdown and the accelerating appreciation of the yen led to a substantial year-on-year decrease in demand on Europe and US routes" in the first nine months of its fiscal year, JAL said in a statement. … [Read more...] about JAL posts US$428 million 3Q loss
JAL opts in for Japan emissions trading trial
The JAL Group has announced it will voluntarily participate in trials of a Japan-only emissions trading scheme set up by the Japanese government. The trial scheme runs from FY2008 to FY2012, the financial years ending March 31. Companies that volunteer to participate in the scheme must set themselves CO2 emission reduction targets for their business operations in Japan for every financial year during the 5-year period. Targets are submitted by each company for approval by the Japanese … [Read more...] about JAL opts in for Japan emissions trading trial
