SOURCE: All Nippon Airways Co Ld

February 17, 2012 02:54 ET

ANA Group Corp Strategy FY2012-13

TOKYO--(Marketwire - Feb 17, 2012) -


ANAGroup Corporate Strategy for FY2012-13

Expansion of international network to become Number One in Asia



TOKYO February 17, 2012 - ANA Group, Japan's largest airline group,
today announced its two-year management strategy for the fiscal years
2012 and 2013.



The highlights of the plan are:

- A 22 per cent increase in ANA's international operations in two
years



- Increase in operating income to 110 billion yen in FY2012 and 130
billion yen in FY2013



- Adoption of multi-brand strategy and switch to holding company
structure



- Further efficiency measures to reduce Group costs by 100 billion
yen


The above plan is designed to strengthen ANA against a backdrop of
global economic uncertainty, the ongoing sovereign debt crisis in the
Eurozone, high oil prices and fluctuating foreign exchange rates and
position it to become Asia's Number One airline in the face of
increased competition from a new wave of Low Cost Carriers, other
carriers in the region and other modes of transport.



At the same time, the management plan will enable ANA to take advantage
of the expansion of airport capacity in Metropolitan Tokyo, its role as
launch customer for the Boeing 787 Dreamliner and the joint ventures
with partner airlines.


Please refer to the following URL for the details;



 http://www.ana.co.jp/eng/aboutana/corporate/ir/pdf/lse/lse_120217-1.pdf 




Contact: Ryosei Nomura and Megumi Tezuka, ANA Public Relations TEL
3-6735-1111

                    This information is provided by RNS
          The company news service from the London Stock Exchange

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