Peach Aviation Update
Transcript
Shinichi Inoue:Hi everyone, I 'm Shin ichi In oue from Peach Avi ation. I understand some of you are already hungry because it 's just before the lunch time, but please allow me to talk about a little bit about Peach. Okay, first of all, so I have good news to share with all of you. So we announced our financial report of fiscal year 2016 last week. Peach is the only L CC in Japan to achieve continuous growth both in revenue, sales output, and profit for the past 4 consecutive years. Taking this opportunity, I 'd like to express my appreciation to everyone who has been supporting Peach. Thank you very much. And also, I 'd like to express our deepest gratitude, especially to Air bus. We couldn 't have come this far without the great support and encouragement from Air bus from the beginning of business. Thank you very much. Thank you. And please take a look at this slide. Peach has a policy of no profit. No business. And I 'm very glad to prove that L CC business can be successful even in high cost countries such as Japan. Next slide. Okay. Peach has quite unique customer profiles. We can say our target is female. Are not business people and not ordinary tourists, just female. The main age group is between 20 s and 30 s, as you may— can see here. More than half of our customers are female. This is one of our uniqueness. Their main purpose of flying Peach are not only for V FR, visiting friends and relatives and leisure, but also developing or enrich ing their own lifestyle. This is a new movement, I think. And more than 95 of our customers purchase the ticket through our website. Also, almost 70 of the customers on our international flights non Japanese customers. We have been aiming to become an Asian brand airline company from the beginning of business, but it is actually happening. Okay, so in the past 5 years since our launch in 2012, we have expanded the network to 13 international and 12 domestic routes from 19 cities. In 2016, we opened the route to Shanghai and Bangkok. These 2 routes are the symbolic ones that represent our corporate philosophy, Brid ging Asia. As you may be aware, Our main base is here at K ans ai International Airport. Our second base is N aha Airport in Ok ina wa. And third one will be at Send ai Airport to contribute to economic rebirth of the To h oku regions. Also, we are planning to set up our fourth base at Shin Ch it ose airport in Hok ka ido by the end of 2018. Peach is expanding its network at the fastest speed in Japanese aviation history, but this is just the beginning. As you know— next slide, okay— the government, Japanese government, has been aiming to welcome 40 million in bound tourists in fiscal year 2020. And the Prime Minister Council has been established to make it happen with Prime Minister Shin zo Abe as chairman. Peach was the only airline to be chosen as a member of that council and has exchanged a lot of opinions on various issues. People are expecting Peach to be flying train so that they can travel easily to regional area besides Tokyo and Osaka. Peach is an airline that contributes to regional economic revital ization. Okay, so we believe that there is still huge potential In Japanese aviation market, low cost carriers and full service carriers have to work together to overcome various issues to develop the whole airline industry. So we all want more people to enjoy traveling by air more casually and share the joy of travel. Let 's all work together for our customers. That 's all for today from Peach. Thank you for listening. Thank you.
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