Hisane Masaki, Special Correspondent | Oct 11, 2011 10:37AM EDT
Struggling Japan Airlines said that its international cargo volume dropped for the 15th successive month in August on a year-over-year basis, plummeting 54 percent to 18,815 tons.
The year-over-year pace of decline was slightly slower than 56.5 percent in July. JAL’s domestic cargo volume also fell for 14 months in a row in August on a year-on-year basis, plunging 17.3 percent to 32,719 tons. The year-on-year pace of decline slowed from 21.4 percent in July.
In the first five months of fiscal 2011, which started on April 1, JAL’s international cargo volume totaled 97,089 tons, down 57.6 percent from the same period last year. JAL’s domestic cargo volume in the April-August period amounted to 152,472 tons, down 20.6 percent from a year earlier.
Contact Hisane Masaki at yiu45535@nifty.com.