SOURCE: All Nippon Airways
TOKYO–(Marketwire – October 29, 2010) – ANA Group (
Strong demand helped the air transportation business to deliver significantly increased revenues compared to the same period the previous year, which was adversely affected by the global recession and the H1N1 influenza.
ANA also saw improvements in productivity and cost structure as the company continued to implement its ANA Group FY2010-2011 Corporate Plan, which has reduced operating costs across the entire Group.
Nevertheless, an extraordinary loss of approximately JPY14.1 billion was recorded, including transfer of provisions linked to Anti-trust cases.
The underlying financial performance of the Group continued to strengthen with first half revenue and income increasing significantly. Operating revenues reached JPY684.1 billion and operating income was JPY56.8 billion. Recurring profit was JPY45.5 billion, and net income was JPY13.2 billion.
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ANA Public Relations