Japan's All Nippon Airways swung to a net profit of $457.3 million in the first nine months of fiscal 2010, compared with a net loss of $428.1 million a year earlier.
The ANA group's revenue from overall operations rose 12.5 percent in the April-December period from the same nine-month period of the previous fiscal year to $12.7 billion.
Revenue from international cargo operations soared 66.7 percent from a year earlier to $792.68 million. The ANA group carried 425,000 tons of freight on its international routes, up 40.1 percent.
By The Numbers: Asia-Pacific Airlines' Freight Traffic
Revenue from domestic cargo operations edged up 0.8 percent to $298.78 million. The ANA group carried 346,000 tons of freight on its domestic routes, down 1.9 percent.
ANA did not give specific profit figures for its cargo operations.
"Freight tonnage on international routes was boosted over its level the previous year owing to high shipments of liquid crystal and semiconductor components on routes within the Asian region as well as strong trade on North American routes departing from Japan, mainly in automotive components," the airline said in its earnings release.
"On domestic routes, cargo connections to international routes grew contributing to an increase in the base level of freight carried, but freight tonnage fell below that of the previous year due in part to the downsizing of aircraft used," ANA said.
Demand has remained firm since April, the company said. "However, the economic climate remains challenging with steep rises in crude oil prices, concerns over the outlook for growth in overseas economies, and exchange rate fluctuations among the factors giving rise to uncertainty," ANA said.
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