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Japan Airlines

Japan Airlines wins Hactl international forklift, pallet building competition

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The 2017 Hactl International Forklift and Pallet Building Competition has been won by Japan Airlines, which achieved top place in both Forklift Driving and Pallet Building competition. Overall second place went to Nippon Cargo Airlines, which came second in both parts of the competition.   Teams from Air China Cargo, Air France, KLM and Martinair Cargo, China Southern Cargo, Hactl, IAG Cargo, Japan Airlines, Malaysia Airlines, Nippon Cargo Airlines and Saudi Airlines Cargo took part … [Read more...] about Japan Airlines wins Hactl international forklift, pallet building competition

Record low oil prices fuel hedging strategies

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Airlines around the world are moving quickly to increase their jet fuel hedging as they eye five month lows in crude prices that many expect to taper off at around US$50 a barrel. "Some airlines are popping in and hedging bits and pieces daily at a Brent price of $55 and down to $50," said a trader with a bank that handles hedging for many Asian airlines according to Reuters. Indonesia's PT Garuda Indonesia has hedged 45 per cent of its 2015 jet fuel needs and is now looking to raise that … [Read more...] about Record low oil prices fuel hedging strategies

JAL’s profit drops despite strong cargo revenue

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Japan Airlines (JAL) reported a 3.1 per cent YoY drop in group net profit for the first three quarters of fiscal 2014, to 119.684 billion yen (US$1.01 billion), despite a nearly double-digit rise in international cargo revenue. Despite the fall in profit, JAL raised its full-year earnings forecast to a net profit of 139 billion yen - against a previous projection of 135 billion yen - owing to falling fuel costs and stronger revenue in its cargo business. … [Read more...] about JAL’s profit drops despite strong cargo revenue

JAL's profit drops despite strong cargo revenue

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Japan Airlines (JAL) reported a 3.1 per cent YoY drop in group net profit for the first three quarters of fiscal 2014, to 119.684 billion yen (US$1.01 billion), despite a nearly double-digit rise in international cargo revenue. Despite the fall in profit, JAL raised its full-year earnings forecast to a net profit of 139 billion yen - against a previous projection of 135 billion yen - owing to falling fuel costs and stronger revenue in its cargo business. … [Read more...] about JAL's profit drops despite strong cargo revenue

JAL introduces new light weight ULDs

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JAL Cargo announced that it has started to use 480 new light-weight cargo containers on its international routes. The new ULDs weigh 58 kg, 41 kg less than the old aluminum containers. They are made of synthetic resin in a honeycomb structure which gives them greater strength and flexibility than the old design. A maximum of 44 containers can be loaded on B777-300ER and with this load the aircraft is 1,804 kg lighter than it would be with aluminium cargo containers. Fuel consumption can be … [Read more...] about JAL introduces new light weight ULDs