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By Alex Lennane
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”.
