{"id":18793,"date":"2023-04-21T07:01:06","date_gmt":"2023-04-21T07:01:06","guid":{"rendered":"https:\/\/lynettelockhart.com\/client\/japan-carrier-ana-holdings\/"},"modified":"2023-04-21T07:07:51","modified_gmt":"2023-04-21T07:07:51","slug":"japan-carrier-ana-holdings","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/japan-carrier-ana-holdings\/","title":{"rendered":"Japan carrier ANA Holdings raises profit estimate on cheaper fuel, yen rise"},"content":{"rendered":"

TOKYO (Reuters) – Japan’s largest airline ANA Holdings Inc on Friday raised its profit estimate for the just-ended fiscal year, citing a decline in fuel costs and an uptick in the yen.<\/p>\n

The company now expects operating profit of 120 billion yen ($897 million) in the year through March 2023, up from an earlier guidance of 95 billion yen, it said in a statement. Official full-year results are scheduled for release on April 27.<\/p>\n

International passenger revenues were strong in the fourth quarter due to a recovery in demand for business and inbound travel following Japan’s easing of pandemic border controls, ANA said. International cargo revenue remains stagnant, it said.<\/p>\n

ANA said in a mid-term plan in February it expects operating profit to grow to 200 billion yen in fiscal 2025. The airline’s fleet will rise to around pre-pandemic levels of 295 in fiscal 2025 and exceed that level in fiscal 2030.<\/p>\n

($1 = 133.8100 yen)<\/p>\n

\n

(Reporting by Rocky Swift; Editing by Muralikumar Anantharaman)<\/p>\n

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TOKYO (Reuters) – Japan’s largest airline ANA Holdings Inc on Friday raised its profit estimate for the just-ended fiscal year, citing a decline in fuel costs and an uptick in the yen. The company now expects operating profit of 120 billion yen ($897 million) in the year through March 2023, up from an earlier guidance […]<\/p>\n","protected":false},"author":8,"featured_media":18794,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-18793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3K06A-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/18793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=18793"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/18793\/revisions"}],"predecessor-version":[{"id":18795,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/18793\/revisions\/18795"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/18794"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=18793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=18793"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=18793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}