ANA Group revenue up 12.5%, profitable in 3QFY2011

ANA Group revenue up 12.5% - financial highlights for the three months ended 31-Dec-2010:

• Operating revenue*: USD4280 million, +13.8% year-on-year;
  • Air transportation: USD3846 million, +15.4%;
    • Domestic passengers: USD2055 million, +9.2%;
    • International passengers: USD881.6 million, +31.5%;
    • Cargo and mail: USD419.7 million, +31.3%;
• Operating costs: USD4029 million, +3.9%;
  • Labour: USD804.4 million, +16.4%;
  • Fuel: USD785.1 million, +2.8%;
• Operating profit: USD250.8 million, compared with a loss of USD115.8 million in p-c-p;
• Air transportation: USD225.5 million, compared with a loss of USD135.1 million in p-c-p;
• "Recurring profit": USD154.4 million, compared with a loss of USD194.2 million in p-c-p;
• Net profit: USD291.8 million, compared with a loss of USD118.2 million in p-c-p;
• Passenger numbers:
  • Domestic: 10.6 million, +6.1%;
  • International: 1.3 million, +6.6%;
• Passenger load factor:
  • Domestic: 64.7%, +2.0 ppts;
  • International: 75.5%, -3.7 ppts;
• Passenger revenue per ASK:
  • Domestic: USD 14.23 cents, +6.4%;
  • International: USD 11.34 cents, +12.9%;
• Passenger yield:
  • Domestic: USD 22.07 cents, +3.1%;
  • International: USD15.07 cents, +18.4%;
• Cargo volume:
  • Domestic: 126,000 tons, +2.7%;
  • International: 153,000 tons, +31.5%;
• Cargo revenue per ATK:
  • Domestic: USD 22.79 cents, +3.8%;
  • International: USD 36.66 cents, +27.8%;
• Total assets: USD24,425 million, +8.9% when compared with the period ended 31-Mar-2010;
• Total liabilities: USD18,241 million, +9.7% when compared with the period ended 31-Mar-2010;
• FY2011 forecast:
  • Operating revenue: USD16,606 million;
  • Operating profit: USD844.2 million;
  • "Recurring profit": USD446.2 million;
  • Net profit: USD72.4 million. [more]

* Based on the conversion rate USD1 = JPY82.92

ANA: "Despite a gradual rebound in the Japanese economy, growth is flat and concerns over the steep rise in crude oil prices, a downturn in overseas economies and fluctuation in exchange rates also result in an uncertain outlook. Competition with other airlines and the Shinkansen bullet train will intensify during the fourth quarter and beyond, but ANA will work to improve competitiveness and stimulate demand while continuing to adapt our capacity to meet demand. We will also continue to make steady progress on reforming our cost structure to curb expenses through our FY2010-11 ANA Group Corporate Strategy which we have been working on since the beginning of the fiscal year," Company statement. Source: ANA, 31-Jan-2011.