OREANDA-NEWS. ANA Group, Japan’s largest airline group, today reported its consolidated financial results for the first nine months of fiscal year 2012:
- Operating revenues of 1,132.1 billion yen, up 5.8% on prior year;
- Operating income of 107.5 billion yen and recurring profit of 89.1 billion yen up 18% and 24.7% respectively - the highest level on record;
- Net income of 52.2 billion yen, up 54.6%;
- Revenues for Air Transportation up by 53.1 billion yen; Travel Services up by 4.2 billion yen.

Shinichiro Ito, CEO of ANA commented: “The Japanese economy experienced a period of relative weakness during the period against the slowdown in the global economy. Despite this, however, ANA performed well with demand remaining solid from both business and leisure travelers during the period. This resulted in a significant increase in revenue compared with the same period last year.
While responding to significant changes in the competitive environment within the Japanese airline industry including the expansion of the slot capacity of Haneda and Narita, further progress in deregulation of the airline industry and aggressive route expansion by LCCs, ANA continued to promote the enhancement of its network by balancing the pursuit of “strength” and “efficiency” as a network carrier. At the same time, we have made further progress to implement multi-brand strategy and cost structure reforms as part of our FY2012-2013 Corporate Strategy.”