All Nippon sees cargo revenue rise

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. […]


All Nippon Airways cargo revenue results


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).