10 11 review of operations global air transportation industry strong growth in demand but rising fuel costs squeezed profitability 2004 for international recorded with revenue passenger kilometers up 15 3 and cargo ton 13 4 the asia pacific region grew 20 5 increased 14 nonetheless crude oil prices led to a 21 0 billion year on rise airline s expenses which reached 63 as result combined losses totaled 8 source iata domestic was sluggish recovered routes conditions were adversely affected by multiple typhoons major earthquake niigata prefecture although number passengers down from previous fiscal 93 million volume 880 000 tons had declined substantially
