Cargo revenues soar for ANA

2007-11-2

ALL Nippon Airways has tripled its 1H net profit, posting a 20 per cent boost in revenue after expanding its fleet.

Profit hit US$920 million and revenue rose 1.4 per cent but operating profit dipped in the six months to September as it continued to be hit by high fuel costs.

The results reflected a strong performance in international passenger and cargo services, said ANA executive vice-president, Tomohiro Hidema, adding that ANA had consistently outperformed rival Japan Airlines.
Source: aircargonews
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