Japan’s Nippon Cargo Airlines – a subsidiary of Nippon Yusen Kabushiki Kaisha (NYK Line), the nation’s largest shipping firm – has announced a stalling of its fleet expansion plan over the next three years to weather “unprecedented†economic turbulence. Japan’s second-largest international air cargo carrier after Japan Airlines, currently operates eight Boeing 747- 400Fs and had originally planned to increase the number of … [Read more...] about JAPAN: NCA stalls fleet expansion, losses until 2011
Nippon Cargo Airlines
NCA stalls fleet expansion, losses until 2011
Japan's Nippon Cargo Airlines - a subsidiary of Nippon Yusen Kabushiki Kaisha (NYK Line), the nation's largest shipping firm - has announced a stalling of its fleet expansion plan over the next three years to weather "unprecedented" economic turbulence. Japan's second-largest international air cargo carrier after Japan Airlines, currently operates eight Boeing 747-400Fs and had originally planned to increase the number of aircraft under its own operation to 24 by the end of 2013. But NCA will … [Read more...] about NCA stalls fleet expansion, losses until 2011
Three more carriers nabbed for price fixing
Three more cargo carriers - Cargolux, Nippon Cargo Airlines and Asiana Airlines - have agreed to pay criminal fines totalling US$214 million for their role in a global price fixing conspiracy. Additionally, Asiana was charged with fixing the passenger fares on flights from the US to Korea from as early as 2000. Cargolux will pay a fine of $119 million; Nippon Cargo, $45 million; and Asiana, $50 million. In addition, three senior air cargo industry executives agreed to serve jail terms. The … [Read more...] about Three more carriers nabbed for price fixing
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