While Japan Airlines’ cargo and logistics business is doing well, the carrier is also keen to grow it through various ways so that the company can benefit from the recovering air freight market.
In an interview with Asia Cargo News during the 2017 China Air Cargo Summit in Tianjin, Hiroo Iwakoshi, executive officer of cargo and mail at Japan Airlines, says that the airline’s international cargo performance in 2017 has been quite good, and that the company expects revenue from cargo and logistics overall, including warehouse activities at Narita International Airport and Kansai International Airport, to exceed ¥100 billion (US$882 million) this financial year.
“All routes and regions have been good, but the best performance came from places like Japan, China, Thailand and Vietnam,” Iwakoshi says. “The European market has also been doing well because of the shifting shipping alliances, and we have been carrying some cargo that usually does not use air from Europe to Japan. In the first half of fiscal year 2017, from April 1 to September 30, our volume of international cargo increased by about 20% year-on-year, while domestic cargo was relatively stable.”
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