All Nippon Airways announces 2011 group plan, Skymark shares continue to climb
ANA Group announced (18-Jan-2011) details of its route network, fleet and corporate plan for the financial year commencing on 01-Apr-2011, capitalising on the expansion of capacity at Tokyo airports in 2010. In addition to an unspecified number of B787 deliveries from 3Q2011, the carrier will take delivery of nine new aircraft and retire nine older and smaller aircraft.
- ANA Group announces route network, fleet, and corporate plan for the upcoming financial year.
- ANA plans to increase capacity for international services by 17.4% and domestic services by 2.6%.
- ANA to retire nine older and smaller aircraft while taking delivery of nine new aircraft.
- Launch of trans-Pacific joint venture with United Airlines and Continental Airlines on 01-Apr-2011.
- International passenger numbers for ANA increased by 4.6% in Dec-2010, while domestic traffic rose by 4.1%.
- ANA's stock rose by 0.3%, while Japanese LCC Skymark Airlines gained 6.2%.
ANA plans to increase capacity (ASKs/FTKs) in FY2011 compared with FY2010 by 17.4% for international services, 2.6% for domestic and 2.6% for freight. International flights will increase by 16.3%, domestic by 2%. Cargo flights will be cut by 1.4%. ANA will expand domestic operations from Tokyo Haneda and maintain operations at most other airports in Japan.
The carrier plans to launch its trans-Pacific JV with United Airlines and Continental Airlines on trans-Pacific routes on 01-Apr-2011. The alliance will result in integration of the airlines' domestic and international networks, along with common fares, frequent flyer programme reciprocity and timetable adjustments.
ANA Group also reported international passenger numbers were up 4.6% year-on-year in Dec-2010, while domestic traffic rose 4.1%. International load factors plummeted 5.6ppts to 73.1%, while domestic load factor slipped 0.4ppts, to 56.6%.
Shares in ANA were up 0.3%, while Japanese LCC Skymark Airlines gained 6.2%, continuing its five-day upward run. The stock has gained 3.9% for the year to date.
Elsewhere, Air New Zealand shares were down 3.3%, while Skywest Australia dropped 3% and Virgin Blue was down 2.3%. Qantas shares rose 0.8%.
Selected Asia Pacific airlines daily share price movements (% change): 18-Jan-2011
