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ANA Financial Success Soars, Surpassing All Expectations

ANA Financial Success Soars, Surpassing All Expectations

BY FRANCO GROBLER 11/06/2023 AGO 0 COMMENTS

Japan has been easing COVID-19 restrictions. This decision has had a positive effect on overall travel to and from Japan, with domestic passengers reaching 90% of pre-pandemic levels in 2019. 

 

ANA has seen their domestic passengers rise 35.1% from 15.1 million at 58.9% load factor last year to a whopping 20.4 million, at a load factor of 69.2%. ANA has stated that business travel has yet to recover in Japan due to weather-related concerns, impacting operations and other domestic services. 

 

Photo: Tyler Giunchi | AeroXplorer

 

ANA's Financial Results

 

ANA Holdings, the parent company of All Nippon Airways, has seen a great H1 for 2023, with 3.47 million international passengers flown compared to 1.7 million last year. With a record profit margin of 12.9%, ANA has seen some great improvement in its operating profit, generating an astonishing $865M, a record operating profit in the past six months ending Sep 30, 2023. 

 



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ANA shareholders will be cheerful with the company's performance. As a result of the great opportunity the company has had since COVID-19, the investors will be receiving dividends for the first time in 5 years as the company's net profit quadrupled from the previous year to $620 million. 

 

Inside Tokyo Haneda Airport (HND) | Photo: Wikimedia Commons

 

What is Behind ANA's Strong Performance?

 

With Japan's relaxation of COVID rules, the country has seen a rapid rise in passenger numbers, with Japan making great efforts to capture transiting passengers between North America, China, and other Asian countries. 

 



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Airlines are also looking to up their leisure demand in Japan by expanding their operations. This can be seen in ANA's talks about launching new Euro-Japan routes, with destinations such as Haneda to Stockholm, Haneda to Milan, Haneda to Istanbul, and Haneda to Moscow. 

 

Photo: Thomas Tse | AeroXplorer

 

The Future of Japan's Air Travel 

 

With such a great outlook for ANA, let's dive into the organization's other LCC service, Peach Aviation. 

 



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With most of Japan's air travel back to normal operations, ANA is not the only one to bounce back. Peach Aviation, a subsidiary of ANA Holdings Inc., has seen some great improvements as well, with their revenue rising by 65%. The airline has flown 4.7 million passengers with a load factor of 86.4%, compared to 6 million at 69.8% in 2022. 

 

Photo: Thomas Tse | AeroXplorer

 

With all international routes restored from and to Tokyo and Osaka, the airline has seen a drastic improvement primarily driven by increasing leisure demand on domestic flights.

 

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Franco Grobler
Passionate aviation enthusiast from South Africa dedicated to bringing you articles on the latest aviation news, I aim to inspire and inform. I am set on embarking pilot training in 2024 to soar to new heights in the aviation world.

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