All Nippon Airways (ANA) 777-381(ER) (34893/589) JA736A climbs from Rwy 25R at Los Angeles International Airport (LAX/KLAX) on December 20, 2012.
(Photo by Michael Carter)
Japan’s All Nippon Airways (ANA) reported net income of ¥3.5 billion ($34.4 million) for the first-quarter of the company’s fiscal year 2014 ended June 30, reversed from a net loss of ¥6.6 billion in the year-ago quarter.
“[ANA’s] sales growth [was] supported by good demand for domestic and international air travel and diversification into other airline-related businesses, including cargo,” ANA said.
First-quarter revenues were ¥386.8 billion, up 10% year-over-year, while expenses grew 8.2% to ¥386.5 billion, resulting in operating income of ¥347 million, reversed from a ¥5.6 billion operating loss in the first quarter of FY 2013.
“Operating expenses [were] up … due principally to increased fuel costs,” ANA said.
First-quarter domestic passenger services revenue grew 0.7% year-over-year to ¥148.3 billion.
Domestic RPKs were up 3.5% to 8.79 billion and domestic capacity dipped 0.5% to 14.8 billion ASKs. Domestic passenger load factor grew 2.2 points year-over-year to 59.2%. The number of domestic passengers grew 2.9% to 9.97 million.
ANA’s first-quarter international passenger service revenue increased 22.1% year-over-year to ¥109.2 billion. International travel demand grew 21.7% year-over-year to 8.47 billion RPKs.
International capacity increased 25.2% to 12.27 billion ASKs, resulting in an international passenger load factor of 69%, down 2 points from the 2013 June quarter. ANA’s international passenger count during the first quarter grew 17.7% year-over-year to 1.69 million.
First-quarter domestic cargo revenue was ¥7.6 billion, up 7.4% from the year-ago quarter. Domestic cargo demand grew 10.1% year-over-year to 111 million FTKs. ANA’s international cargo revenue also saw a year-over-year increase, up 19.6% to ¥29.35 billion. International cargo traffic grew 33.8% year-over-year to 891 million FTKs.
ANA expanded its international airfreight network during the quarter, putting an additional cargo aircraft in service on its new Okinawa-Singapore-Narita and Narita-Jakarta routes.
“In addition to transporting cargo departing from Japan, ANA also transports cargo from Asia/China to North America, where demand is steady,” ANA said. “This tripartite transportation of cargo within Asia, leveraging the Okinawa cargo hub, led to [the first-quarter’s] volume and revenue growth.”