Air Do outlines medium-term management plan

Air Do released (22-Jan-2013) its 2013-2015 medium-term management strategy plan, detailing the following highlights:

• Route network:
  • Taking advantage of slot allocations at Tokyo Haneda and expanding Haneda network;
  • Expanding network at Sapporo Chitose;
• Fleet:
  • Expanding fleet to 14 aircraft (four Boeing 767-300s, five 737-700s and five 737-500s) by end of FY2013;
• Financial:
  • FY2013 forecast:
    • Operating revenue: JPY51,000 million (USD653.8 million);
    • Operating profit: JPY1500 million (USD19.2 million);
    • Recurring profit: JPY1500 million (USD19.2 million);
    • Net profit: JPY1000 million (USD12.8 million);
    • Operating margin: 2.9%;
  • FY2015 forecast:
    • Operating revenue: JPY53,500 million (USD685.9 million);
    • Operating profit: JPY2500 million (USD32.1 million);
    • Recurring profit: JPY2000 million (USD25.6 million);
    • Net profit: JPY1300 million (USD16.7 million);
    • Operating margin: 4.7%. [more - original PR- Japanese]