ANA Holdings reports operating profit growth in FY2016

ANA Holdings revenue down 1.4% - financial highlights for 12 months ended 31-Mar-2017:

• Operating revenue: JPY1765 billion (USD16.3 billion), -1.4% year-on-year;
• • Air transportation: JPY1536 billion (USD14.2 billion), -1.1%;
  • • Domestic passengers: JPY678.3 billion (USD6.3 billion), -1.1%;
    • International passengers: JPY516.7 billion (USD4.8 billion), +0.2%;
• Operating costs: JPY1620 billion (USD15.0 billion), -2.1%;
• • Air transportation: JPY1397 billion (USD12.9 billion), -1.2%;
  • Fuel: JPY273.6 billion (USD2.5 billion), -10.6%;
  • Labour: JPY185.4 billion (USD1.7 billion), +3.5%;
• Operating profit: JPY145.5 billion (USD1.3 billion), +6.7%;
• • Air transportation: JPY139.5 billion (USD1.3 billion), -0.1%;
• Net profit: JPY98.8 billion (USD914 million), +26.4%;
• Passengers: 52.1 million, +2.5%;
• • Domestic: 43.0 million, +0.7%;
  • International: 9.1 million, +11.6%;
• Passenger load factor: 71.0%, +1.6ppt;
• • Domestic: 66.0%, +1.3ppt;
  • International: 75.8%, +1.5ppt;
• Total assets: JPY2314 billion (USD21.4 billion);
• Cash and deposit: JPY60,835 million (USD562.7 million);
• Total liabilities: JPY1390 billion (USD12.9 billion);
• FY2017 forecast:
• • Operating revenue: JPY1910 billion;
  • Operating profit: JPY150 billion;
  • Net profit: JPY125 billion. [more - original PR - English/Japanese]

ANA Holdings: "In the full-service carrier business, which is the mainstay of the group's profitability, ANA HD has worked to maintain profits on domestic routes through stronger efforts to ensure a good supply-demand balance while expanding and improving its international network through the further development of the dual-hub model for the Tokyo metropolitan region, at the same time as working to improve the group's brand recognition overseas and bolster its sales capability." Source: Company statement, 28-Apr-2017.