Komori
Nippon Yusen (9101) · InitiativeFirst stated

Flexible Use of Aircraft Through Nippon Cargo Airlines' In-House Ownership of Boeing 747-8F Aircraft

First written in FY2022-Q3. . Latest entry: FY2022-Q3.

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Increasing fleet operating flexibility by bringing Nippon Cargo Airlines' aircraft into in-house ownershipA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2022-Q3First statedAnnual report

    「During the third quarter, the company terminated the lease agreements for a total of 7 Boeing 747-8F aircraft it had been leasing and acquired the aircraft in order to own them and enable flexible use in response to future changes in the business environment. As a result, the company recorded an extraordinary loss of approximately ¥8 billion in the third quarter as lease termination fees.」

    The company terminated early and acquired all 7 leased Boeing 747-8F aircraft, describing for the first time its initiative to bring the aircraft in-house and use them flexibly. It also recognized an approximately ¥8.0 billion loss on the early termination of the lease contracts.
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Nippon Yusen's next results are scheduled for 2026-11-05. Read the earnings preview
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