JAL to request increase in cargo charges

7/9/2009 9:46:27 AM

Japan Airlines will seek a 30 percent jump in international freight rates from the middle of this month as part of drastic measures to bolster such operations, the Nikkei Report wrote.   The struggling airline last implemented a full-scale cargo hike roughly a year ago. This latest increase comes on the back of rebounding demand for shipments of LCD-panel-related parts to Shanghai and Taiwan and deliveries of autoparts to Guangzhou, China.   Compared with last fall, charges are down 30-50 percent because of the economic malaise. Despite shipments of air cargo from Japan plunging 54 percent on the year in the January-March quarter, the decline has somewhat steadied to 40 percent since April.   Cargo News Asia

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