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ANA Group reports USD602 million loss for the 12 months ended 31-Mar-2010

3-May-2010 9:44 AM
ANA Group reports (30-Apr-2010) the following financial/traffic highlights for the 12 months ended 31-Mar-2010:
  • Revenue: USD13,058 million, -11.8% year-on-year;
  • Operating costs: USD13,635 million, -7.4%,
  • Operating profit (loss): (USD576 million), compared to loss of USD79.7 million in the corresponding period last year;
  • Net profit (loss): (USD609 million), compared to loss of USD44.6 million in the corresponding period last year;
  • Passenger numbers:
    • Domestic: 39.9 million, -6.7%;
    • International: 4.7 million, +5.3%;
  • Passenger load factor:
    • Domestic: 62%, -1.5 ppts;
    • International: 75.7%, +6.3 ppts;
  • Cargo volume:
    • Domestic: 458,000 tonnes, -3.4%;
    • International: 422,000 tonnes, +19.3%;
  • Outlook for FY2011 (12 months ending 31-Mar-2011):
    • Revenue: USD14,458 million, +10.7%;
    • Operating profit: USD446.5 million;
    • Net profit: USD53.2 million. [more][more - Perspective]
Based on the exchange rate: 1 JPY = 0.0106325 USD

ANA Group: "The drop in demand due to the global recession is recovering from its low point in 2009 and the recovery is expected to continue in fiscal 2010 and beyond. However, with the deflationary trend in prices likely to continue, our current outlook of the environment surrounding our business is cautiously optimistic," Company reports. Source: ANA Group, 30-Apr-2010.