ALL Nippon Airways posted healthier financial figures for the April to December 2010 period as booming travel demand and costs cuts reinforced the carrier’s bottomline.
The airline posted net profit of 37.54 billion yen (US$459.3 million), compared to a 35.2 billion yen loss during the same period last year.
The carrier credited a strong rebound in business travel for bolstering revenue on international routes, while there was also increased demand among both business and leisure customers in the domestic flight division, said ANA CEO Eiji Kanazawa.
The opening of the new international terminal at Tokyo’s Haneda Airport in October, which allowed ANA to increase capacity on passenger and cargo routes, also contributed to the strong performance, said Kanazawa.
