ANA Group Cargo Revenue Soars 94.5 Percent

Japan’s All Nippon Airways said Friday that its group revenue from its international cargo operations soared 94.5 percent in the April-June quarter from a year earlier to 20.0 billion yen.

The ANA group carried 132,000 tons of freight on its international routes, up 52.3 percent, and its international freight transportation volume totaled 485 million ton kilometers, up 24.9 percent.

Its group net loss narrowed to 5.2 billion yen ($59.8 million) in the first quarter of fiscal 2010, which started on April 1, from 29.2 billion yen a year earlier.

By the Numbers:
Asia-Pacific Airlines' Freight Traffic

But ANA’s group revenue from its domestic cargo operations fell 1.0 percent to 7.5 billion yen. The ANA group carried 103,000 tons of freight on its domestic routes, down 5.1 percent, and its domestic freight transportation volume amounted to 104 million ton kilometers, down 4.4 percent.

ANA did not give specific profit figures for its cargo operations.

ANA said in its earnings release, “With reduced freight capacity due to downsizing of aircraft, and the effects of sluggish demand for perishable cargo and home delivery parcel services, domestic cargo volumes slightly fell below those of the previous year.”

“However international cargo volumes rose with growth in Chinese domestic market demand driven by the implementation of economic stimulus measures, as well as rise in shipment demand of plasma display and semiconductor related materials in Taipei and Seoul. Transport saw positive growth, primarily on Asian routes, and volumes in the period increased significantly versus last year,” ANA said.

ANA is Japan’s second-largest air carrier after Japan Airlines, which filed for bankruptcy protection in January and is in the process of rehabilitating itself under a state-backed plan.

The ANA group’s revenue from its overall operations rose 13.7 percent in the April-June quarter from the same three-month period of last year to 306.8 billion yen led by robust growth in revenue from its international passenger services, which surged 46.2 percent to 64.1 billion yen The ANA group’s revenue from its domestic passenger services also increased 3.5 percent to 143.5 billion yen.