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Bloomberg has published an interesting piece on Japan’s air freight market, examining how ANA’s Okinawa hub has come into its own. While exports of electronic goods have declined significantly – with Sony, Panasonic, Hitachi and Toshiba all reducing or stopping TV production – airlines have replaced that traffic with perishables, which are in high demand in China and Hong Kong, where next-day deliveries of Japanese mangoes sell for $100. Agriculture has become “a new manufacturing industry”.