ANA Holdings Inc ANA Group's Corporate Strategy for FY2016-2020 (4069N)

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RNS Number : 4069N

ANA Holdings Inc

29 January 2016

ANA HOLDINGS sets out new growth targets for FY2020

TOKYO, January 29, 2016 - ANA HOLDINGS (hereafter "ANA HD") today unveils new growth targets for the next five years as part of its FY2016-2020 ANA Group Corporate Strategy.

In line with its vision of becoming the world's leading airline group by customer satisfaction and value creation, ANA HD sets out demanding goals for improving its operational, financial and environmental performance and announces plans to introduce new aircraft into its fleet, the Airbus A380.

Over the next five years, ANA HD plans to:

- Increase both international passenger and cargo revenues by 40% and triple revenues from its LCC division

- Grow international seating capacity by a half and expand the size of the group fleet to approximately 300, of which three-quarters will be fuel-efficient aircraft

   -     Maintain domestic mainline revenues and seat capacity at current levels 
   -     Establish Vanilla Air as the number one LCC in the Tokyo Metropolitan area 
   -     Introduce three new Airbus A380 onto the Tokyo-Honolulu route 
   -     Achieve operating profit of 200 billion in FY2020 (previous target 2025) 

The latest corporate strategy takes into account a range of factors including cost benefits from falling fuel prices, the growth in inbound tourism to Japan, the planned increase in takeoff and landing slots in Tokyo area in line with the Tokyo 2020 Olympic and Paralympic Games and continued economic growth in regions such as Asia. Set against this, ANA has also factored in concerns surrounding the slowdown in the economies of China and other emerging countries and stagnation in the resources sector.

Please see the attached PDF for more details.

http://www.rns-pdf.londonstockexchange.com/rns/4069N_1-2016-1-29.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

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January 29, 2016 02:46 ET (07:46 GMT)