ANA reports a 3.4% drop in cargo revenues to Y138.4 billion, despite a 3.5% rise in tonnage, impacted by tariffs and reduced shipments.
All Nippon Airways reported a 3.4 per cent decline in international cargo revenues to Y138.4 billion over nine months, despite tonnage rising 3.5 per cent. Nippon Cargo Airlines' volumes were hit by US tariffs, reports London's Air Cargo News.
ANA carried 551,000 tonnes of international cargo between April and December, driven by demand from Asia to North America. However, reduced automotive and e-commerce shipments weighed on revenues. Cargo demand from China to North America via Japan, which was previously depressed by tariffs, showed signs of recovery.
Domestic cargo revenues fell one per cent to JPY17.3 billion (US$10 million), with tonnage down 1.8 per cent to 206,000 tonnes. ANA adjusted freighter routes and capacity to match demand and continued charter flights on North American routes to enhance profitability.
Sister airline NCA, acquired by ANA Holdings in August, posted revenues of JPY75.3 billion and tonnage of 217,000 tonnes in the same period. Demand from China to North America via Japan declined due to tariffs but began to recover.
NCA secured strong demand from Asia to Europe and North America, launching a Narita-Frankfurt route in September and adding flights to Hong Kong and Los Angeles. From October, NCA began code-sharing with ANA on European and North American routes to strengthen group cargo operations.
