ANA Holdings expects strong growth in LCCs through 2020, to be key part of business

ANA Holdings senior director strategic planning Asia-Pacific Toshiaki Nonaka, speaking at CAPA LCCs in North Asia Summit, said (07-Jun-2016) a forecast for 2020 suggests FSC international travel is expected to grow by 140%, as are cargo operations. The greatest expected growth is for LCCs at 310% by 2020. Mr Nonaka said, "By far LCC business will show very important growth," adding that LCCs are "one of the most important businesses for the group".