Airline

ANA results revised upwards

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ANA results revised upwards

All Nippon Airways (ANA) has revised its 2011 full financial year performance forecast upward. Now, operating revenue for the year is expected to be ¥11 billion ($135 million) better than originally forecast, a 0.8% increase to ¥1,411 billion. Operating income is expected to be 7.8% higher than the original forecast, to ¥97 billion. Recurring profit will be 21.4% higher at ¥68 billion and net income is now forecast to be ¥28 billion, 40% higher.
“Operating revenues have increased by approximately ¥11 billion due to strong demand in tourism and other factors, in spite of sluggish business demand for air transport on domestic routes,” ANA said in a statement.