ANA Holdings Inc. and Japan Airlines Corp. both saw their group net profits soar in the first nine months of the fiscal year ending March 31 on a year-over-year basis, despite lower cargo revenues.
16 Dec 2015
A European Union court today overturned 790 million euros ($861 million) in fines against 11 airlines, including Air France-KLM and British Airways, for participating in a global cartel that fixed air freight rates.
30 Oct 2015
Japan Airlines Corp.’s net profit surged 28.7 percent year-over-year in the April-September period to 103.4 billion yen ($854 million), as lower fuel prices and cost-reduction efforts more than made up for a decline in cargo operations revenue.
30 Jul 2015
Japan Airlines Corp.’s revenue from cargo operations grew faster than overall revenue in the first quarter of fiscal 2015, helping the carrier’s net profit surge 120.7 percent in the April-June quarter from the same three-month period last year to 32.6 billion yen ($263 million) on a consolidated basis.
30 Apr 2015
ANA Holdings and Japan Airlines posted mixed earnings results in the fiscal year ended March 31, even as the two biggest Japanese air carriers saw their international cargo revenues soar.