ANA Financial Results for the First Half of FY 2010 and Revised Outlook for the Year

SOURCE: All Nippon Airways

TOKYO–(Marketwire – October 29, 2010) –  ANA Group (LSE: ANA) today reported improved income and revenues as Japan’s leading airline operator reaped the benefits of tight cost controls and rising passenger demand in the first half of the fiscal year ending March, 2011.

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.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/2297V_1-2010-10-29.pdf

* For the detailed report, please refer to the following URL;

http://www.ana.co.jp/eng/aboutana/corporate/ir/pdf/tan_101029_e.pdf

Contact:
ANA Public Relations
TEL +81-3-6735-1111