Airline News
ANA profit up, JAL profit down
February 3rd 2015
All Nippon Airways (ANA) parent, ANA Holdings, reported a net income of 52.3 billion yen (US$443 million) for the nine months ended December 31, 2014, up 57.2% from 33.3 billion yen reported in the year-ago period. Read More » ANA said growth was primarily driven by the expansion of the group’s international route network where passenger numbers were up 12.7% year-on-year and RPKs grew 17.3%. Tight cost control, and the gradual recovery of the Japanese economy added impetus to the profit improvement.
At the same time, ANA unveiled its 10-year corporate strategic outlook to 2025. Key targets include 50% growth in international passenger services, an increase in operating revenue to 2.5 trillion yen and an operating profit target of 200 billion yen. Coinciding with the earnings announcement, ANA said it had ordered 15 aircraft, worth $2.2 billion at current list prices, including three B787-10s, five B737-800s and seven A321s. Excluding the new orders, at press time, ANA’s order backlog stood at 30 A320neo family-type aircraft and 46 B787 family-type aircraft.
Rival carrier, Japan Airlines (JAL), posted a net income of 119.6 billion yen($1 billion) for the nine-month to December 31, 2014, down 3.1% from the 123.5 billion yen for the same period the previous year. Passengers carried increased by 0.8% and RPKs expanded by 1.56%.
