.. subcription
    .. rss channels
    .. press releases
    .. contacts

            september 21, 2019

.. in english  .. по-русски  .. latviski    

Busworld 2019


LKW Walter

  .. sitemap ..

  .. publications ..

  .. news ..

  .. advertisement ..

LKW Walter
LKW Walter Rus
  .. partners ..


NYK's Nippon Cargo Airlines posts quarterly loss


Japan's Nippon Cargo Airlines (NCA), an NYK unit, has posted a first quarter loss of JNY2.4 billion (US$24.4 million), drawn on revenues of JNY20 billion, down 0.9 per cent, according to the Shipping Gazette.
NCA reported a year-on-year deterioration in revenue and a loss for the quarter due to the impact of declining rates stemming from protracted economic stagnation in Europe and a slump in Japanese air freight demand, which outweighed continued cost reduction measures and flexible aircraft operations.
Air freight handling volume from Japan and in other markets around the world declined during the period.
The logistics business suffered from a sluggish business environment as relatively robust business in the US, southern Asia and Oceania was offset by the impact of the economic slump in Europe, said the company.

.. search ..