ANA reports profits in FY2011, outlook uncertain

ANA revenue up 10.5% - financial highlights for the 12 months ended 31-Mar-2011:

• Operating revenue: USD16,647 million, +10.5% year-on-year;
  • Air transportation: USD14,938 million, +11.9%;
• Operating costs: USD15,816 million, +0.6%;
  • Air transportation: USD14,196 million, +11.1%;
    • Fuel: USD3142 million, +6.3%;
    • Labour: USD2983 million, +13.5%;
• Operating profit: USD831.4 million, compared with a loss of USD664.6 million in p-c-p;
  • Air transportation: USD741.9 million, compared with a loss of USD710.0 million in p-c-p;
• "Recurring profit": USD453.7 million, compared with a loss of USD1058 million in p-c-p;
• Net profit: USD285.7 million, compared with a loss of USD702.6 million in p-c-p;
• Passenger numbers: 45.7 million, +2.7%;
  • Domestic: 40.6 million, +1.7%;
  • International: 5.2 million, +10.8%;
• Passenger load factor: 67.5%, +1.1 ppt;
  • Domestic: 63.4%, +1.4 ppt;
  • International: 75.3%, -0.3 ppt;
• Passenger yield:
  • Domestic: USD22.19 cents, +1.7%;
  • International: USD 15.33 cents, +18.2%;
• Passenger revenue per ASK:
  • Domestic: USD 14.10 cents, +4.0%;
  • International: USD 11.53 cents, +17.7%;
• Cargo volume: 1.0 tons, +14.7%;
  • Domestic: 453,000 tons, -1.1%;
  • International: 557,000 tons, +32.0%;
• Total assets: USD23,600 billion, +3.7%;
• Cash and deposits: USD453.2 million, +179.0%;
• Total liabilities: USD17,188 million, +1.6%. [more]

* Based on the conversion rate USD1 = JPY81.5515

ANA: "Looking forward, however, future prospects for the Japanese economy are unpredictable given substantially higher oil prices, the uncertain outlook for global business, fluctuations in exchange rates and the impact of the March 11 earthquake. Although our Sendai operation was suspended after the earthquake, ANA played an important role in helping support recovery efforts by operating relief flights to Fukushima and Yamagata, and providing transport of relief supplies and relief workers," Shinichiro Ito, President and CEO. Source: ANA, 28-Apr-2011.