ANA reaffirms ambitious 2020 profit target
ANA Holdings has reiterated its commitment to achieving a full year operating profit of JPY200b (US$1.8b) in its 2020 fiscal year. This goal represents a 37% improvement from an operating profit of JPY146b achieved for its 2016 fiscal year ended March 31. Another key target is achieving 40% higher passenger and cargo revenue by 2020. Achievement of this profit goal relies on increasing profits from ANA on international routes, maintaining domestic market share, "significant" revenue growth in its low-cost carrier affiliates, and "maintaining healthy growth" in its cargo operation. "ANA Holdings will also continue to implement rigorous cost management and accelerate operational improvements, strengthening preparations for the next stage of growth from 2020 onwards," the company says. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-05-01/star/ana-reaffirms-ambitious-2020-profit-target
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ANA reaffirms ambitious 2020 profit target
ANA Holdings has reiterated its commitment to achieving a full year operating profit of JPY200b (US$1.8b) in its 2020 fiscal year. This goal represents a 37% improvement from an operating profit of JPY146b achieved for its 2016 fiscal year ended March 31. Another key target is achieving 40% higher passenger and cargo revenue by 2020. Achievement of this profit goal relies on increasing profits from ANA on international routes, maintaining domestic market share, "significant" revenue growth in its low-cost carrier affiliates, and "maintaining healthy growth" in its cargo operation. "ANA Holdings will also continue to implement rigorous cost management and accelerate operational improvements, strengthening preparations for the next stage of growth from 2020 onwards," the company says. <br/>
