TOKYO--(Marketwire - January 30, 2009) - ANA Group today reported its
consolidated financial results for the first nine months of
fiscal year 2008, ending December 31, 2008. Against a
background of recession at home and globally, an operating
income of 40.3 billion yen and a net income of 9.4 billion
yen were reported on revenue of 1.1 trillion yen, reductions
of 57.1%, 92% and 3% respectively. ANA Group's main fields
of operation are air transportation, travel services and
other businesses. Net income, in the previous year, had been
boosted beyond normal levels by an extraordinary gain on the
sale of ANA's hotel properties that used to form part of the
Group's portfolio.
"The final three months of the period under review became
very challenging in all markets. Leading up to the end of
December we saw a severe drop in international passengers on
routes to Europe and North America, and to China, resulting
in a fall in revenue compared with the same period last
year," said ANA Executive Vice President Finance, Tomohiro
Hidema. "And at home, despite reducing capacity and
responding with greater flexibility to market conditions,
softening demand brought fewer passengers and smaller
revenue. On the other hand, in spite of an overall and
continuing drop in activity, cargo remained a bright spot,
showing better results than the previous year, thanks, in
part, to a strengthened operational base," he went on.
For detailed results, please refer to the attached
explanation.
Financial Reports for the first nine months ended December
31,2008:
http://www.ana.co.jp/eng/aboutana/corporate/ir/pdf/tan_090130_e.pdf
Notes for Editors
-- All monetary figures are given in billions of yen rounded
down
-- All comparisons are year-on-year
-- Other figures and percentages are rounded up
-- ANA Group airlines comprise: All Nippon Airways (ANA),
Air Nippon (ANK) Air Japan (AJX),
-- Air Nippon Network (A-Net), Air Central (CRF), Air Next
(NXA)
-- All figures are given on a consolidated Group basis
-- 3Q/ 2008 figures are given for reference only
Contact Information: Contact:
Rob Henderson
ANA Public Relations: