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JAL Cargo Revenue Inches Up.(Japan Airlines Corp.)(Financial report)(Brief article)
BYLINE: Hisane Masaki
TOKYO -- Japan Airlines Corp.'s group operating revenue from international cargo operations rose 2.3 percent in its fiscal first quarter ending June 30 to 45.4 billion yen ($415 million).
Total capacity for international airfreight declined 4.9 percent year-on-year in terms of available cargo ton-kilometers, as a result of network restructuring and aircraft downsizing combined with the retirement of Boeing 747 freighters to cope with the high cost of fuel, JAL said in reporting its financial results on Thursday.
On the demand side, factors such as the slowing of the economy and the strength of the yen against the dollar were …
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