AirNewsTimes Uk About US Contact

ANA Reports Record Financial Results for FY2011

ANA Reports Record Financial Results for FY2011

ANA Group today reports consolidated financial results for the fiscal year ended March, 2012.

» Airlines - W | Friday, April 27, 2012 • Air News Times
Operating income and recurring profit for the 12-month period both reached record levels, reflecting measures taken by the group to stimulate demand and cut costs in the face of a challenging economic environment.

Despite a number of potential headwinds in the coming 12 months, ANA expects to make further progress in the current fiscal year ending March, 2013, using its strength as a network carrier and the launch of low-cost airline operations to improve overall group performance.

For the fiscal year ended March, 2012, operating income rose 43 per cent to 97.0 billion and recurring profit increased by 85 per cent to 68.4 billion on the back of a 4 per cent advance in operating revenues to 1,411.5 billion. Net income for the period was 28.1 billion compared with 23.3 billion the previous year. The dividend per share will be 4 yen.

Against the backdrop of a gradual recovery in the domestic economy following the Great East Japan Earthquake, rising oil prices, exchange rate fluctuations and the government debt crisis in the Eurozone, ANA took decisive action in the fiscal year just ended to stimulate demand and improve efficiency. The group rolled out approximately 30.0 billion in emergency cost improvement measures and brought forward other initiatives which had been due for implementation this year as part of a 100 billion cost reduction program into the second half of the year.

ANA also became the first airline in the world to operate the Boeing 787 Dreamliner, introducing the aircraft on domestic services in November, 2011 and on international routes in January this year with the launch of flights from Tokyofs Haneda airport to Frankfurt in Germany. 
Tags:
Warning: Comments which include insulting, offensive sentences or hints, assault and comments with the unwritten rules of spellingand written in English characters incorrectly will not be approved.
Login to make a comment with your user name
Yorumunuzu Sendin
Tüm Yorumları Okumak İçin tıklayın

More News

MH17: Airlines press for security review
Tuesday, July 22, 2014    
Nigerian Air Force Helicopter Crashes In Borno
Tuesday, July 22, 2014    
Statement by President of Russia Vladimir Putin
Tuesday, July 22, 2014    
Boeing, Qatar Airways Finalize Order for 50 777Xs
Tuesday, July 22, 2014    
The A320neo: A recipe for success
Tuesday, July 22, 2014    
Boeing Rolls Out 5000th Next-Generation 737
Friday, July 18, 2014    
Malaysia Airlines plane crash in Ukraine
Friday, July 18, 2014    
TAV triples the capacity of Gazipaşa Airport
Friday, July 18, 2014    
Transaero Airlines commits to 20 A330s
Friday, July 18, 2014    
IAG orders 20 A320neo Family aircraft
Monday, July 14, 2014    
Dubai Airshow to return in November 2015
Monday, July 14, 2014    
Airbus launches the A330neo
Monday, July 14, 2014    
Air India Joins Star Alliance
Monday, July 14, 2014    
JAL Uses Twitter to Deliver Its Flight Information
Wednesday, July 09, 2014    
Boeing, Emirates Finalize Order for 150 777Xs
Wednesday, July 09, 2014    
airBaltic Pilots Go Green With iPads
Wednesday, July 09, 2014    
Boeing to Build Intelsat 35e EpicNG Satellite
Wednesday, July 09, 2014    
Boeing Reports Second-Quarter Deliveries
Monday, July 07, 2014    
Boeing, Qatar Airways Finalize Order for 50 777Xs
Boeing, Qatar Airways Finalize Order for 50 777Xs
Boeing and Qatar Airways have finalized an order for 50 777-9Xs, valued at
Boeing Rolls Out 5000th Next-Generation 737
Boeing Rolls Out 5000th Next-Generation 737
Boeing rolled out the 5000th Next-Generation 737 this week. The airplane is
Malaysia Airlines plane crash in Ukraine
Malaysia Airlines plane crash in Ukraine
Time after time, the pro-Russian guerrillas in eastern Ukraine have shown t
IAG orders 20 A320neo Family aircraft
IAG orders 20 A320neo Family aircraft
International Airlines Group (IAG) has converted 20 A320neo options into a
Royal Jordanian launches e-freight system
Royal Jordanian launches e-freight system
Royal Jordanian inaugurated the e-freight system, in collaboration with CHA
Pilot killed in plane crash at Tampa Executive Airport
Pilot killed in plane crash at Tampa Executive Airport
Hillsborough sheriff's officials said the plane nose dived on the runway of
oneworld: New Los Angeles lounge
oneworld: New Los Angeles lounge
Qantas, British Airways and Cathay Pacific have opened a new Business Loung
  • Kara Kutu

  • Çok Okunan

  • Yorumlanan

AirNews'i Delicious'ta PaylaşınAirNews'i Stumbleupon'da Paylaşın!AirNews'i Twitter'da Takip Edin!AirNews Facebook Sayfasını Ziyaret EdinAirNews RSS
UK News | World | Aviation | Airlines | Airports | Business | Space | Technology | Tourism | Photos | Videos

This Site All Rights Reserved. Not be quoted without permission.

Copyright © 2008 - 2011 airnewstimes.co.uk

Design / Software: Air News Times