Two Japanese airlines, Japan Airlines (JAL/JL) and ANA Holdings (ANA/NH), have announced their consolidated financial results for the October-December period of 2021. JAL posted an operating loss of 31.8 billion yen (versus a loss of 70.1 billion yen in the same period last year), while ANA Holdings posted a profit of 190 million yen (versus a loss of 81.4 billion yen in the same period last year), marking the first time in eight quarters that ANA Holdings has returned to profitability. Due to high air freight rates, ANA Holdings, which has cargo-only aircraft, improved its business.
Search
Recent Posts
See AllAccording to the financial results for the fiscal year ended March 31, 2022 released by ANA Holdings (ANA/NH) on April 28, international cargo revenue was 328.7 billion yen (+104.8% YoY) for internati
According to Maersk, the development of 13 weekly rail freight procurement services in India has led to a 43% growth in export cargo using rail containers and a 23% increase in rail transport for impo
Mitsui O.S.K. Lines (MOL) has set up a second fund in Japan to help with the massive fuel oil spill off the Indian Ocean island nation of Mauritius in the summer of 2020 caused by a large cargo ship c