ANA Holdings reports 9-month net profit up 18% to US$742m
ANA Holdings reported a net profit of JPY86.6b (US$741.5m) for the first 9 months of its 2016 fiscal year, up 18% from JPY73.3b in net profit for the comparable period in 2015. ANA’s fiscal year ends March 31, 2017. Revenue for the 9-month period was down 2.7% year-over-year to JPY1.3t, but was mitigated by a 4.1% decline in operating expenses (JPY1.2t). ANA’s operating income was JPY130.2b, up 11.5% from JPY116.8b in 2015. Domestic revenue was down 1.7% to JPY520.1b, as several natural disaster and weather events initially suppressed demand. ANA responded by selling flexible discount fares, a tactic that ultimately boosted domestic passenger traffic by 0.8% for the period. Domestic capacity was down 0.5% for the period and the domestic passenger load factor was 65.8%, up 0.9 point YOY. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-30/star/ana-holdings-reports-9-month-net-profit-up-18-to-us-742m
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ANA Holdings reports 9-month net profit up 18% to US$742m
ANA Holdings reported a net profit of JPY86.6b (US$741.5m) for the first 9 months of its 2016 fiscal year, up 18% from JPY73.3b in net profit for the comparable period in 2015. ANA’s fiscal year ends March 31, 2017. Revenue for the 9-month period was down 2.7% year-over-year to JPY1.3t, but was mitigated by a 4.1% decline in operating expenses (JPY1.2t). ANA’s operating income was JPY130.2b, up 11.5% from JPY116.8b in 2015. Domestic revenue was down 1.7% to JPY520.1b, as several natural disaster and weather events initially suppressed demand. ANA responded by selling flexible discount fares, a tactic that ultimately boosted domestic passenger traffic by 0.8% for the period. Domestic capacity was down 0.5% for the period and the domestic passenger load factor was 65.8%, up 0.9 point YOY. <br/>
