News
Solaseed Air and Air Do report losses for fiscal year 2024
May 30th 2025
Japan’s Regional Plus Wings, a holding company of Air Do and Solaseed Air, recorded a net loss of JPY523 million (US$3.6 million) for the fiscal year to March 2025 compared with a JPY4.1 billion profit for full-year 2023-2024. Read More » Air Do’s operating revenue increased 3.3% year-on-year to JPY5.3 billion while the net profit declined 29.3% year-on-year to JPY2.4 billion. In its outlook for the current fiscal year to March 2026, the airline predicts operating revenue of JPY55.6 billion, operating profit of JPY1.6 billion and ordinary profit of JPY1.5 billion. In the fiscal year to last March, Solaseed Air booked operating revenue of JPY5.2 billion, up 4.1% year-on-year, and net losses of JPY2.4 million against a JPY1.6 billion profit in the previous fiscal year. Solaseed Air forecasts operating revenue of JPY56.6 billion and ordinary profit of JPY400 million in fiscal 2025-2026.
