Keeping you abreast of what's going on in the
Japanese travel and tourism industries.
News consolidated by Travel Vision, Inc. updated every week.
ANA Group Mid-Term Corporate Strategy Aims to Balance Global Network Expansion, Expecting 120 Billion Yen Operational Profit in 2011 Mid-February, 2008
The ANA Group Medium-Term Corporate Strategy 2008-2011 sets
"Innovation" and "Globalization" as the major objectives to become
Asia's Number One Airline with an eye on the expansion of capacity at
Tokyo's Haneda and Narita airports foreseen after 2010.
In terms of "Innovation", ANA will reappraise the current ways of
serving the customers, conducting business and managing the
organization and it will strive to improve individual productivity,
implement outsourcing and maximize the use of Information Technology.
In so doing, ANA aims to expand the operation without increasing the
workforce.
Also in terms of "Globalization", the airline aims to expand the
operation focusing on Asia in the light of the foreseen capacity
increase at the two metropolitan airports in Tokyo and the
deregulation of the airline industry.
The airline considers the first two fiscal years 2008-2009 of its
mid-term business plan to be a period of previous investment and
preparation for slot expansion at Haneda and Narita airports and
expects the last two fiscal years 2010-2011 to be a period for robust
growth capitalizing on the maximum utilization of the slot increase
at both airports.
The ANA Group forecasts its consolidated operating profit for
FY2011 to exceed 120 billion yen with a profit margin of over 7%. The
total workforce will be increased only 3% or so from the present
30,000 staff compared to FY2007.
By division, the international operation is forecast to increase
the available seat kilometers (ASK) by 17% and the operating profit
to increase by 22% to approximately 380 billion yen while the
domestic operation is forecast to grow its ASK by 1% and the
operating profit by 4% to roughly 780 billion yen.
The cargo operation is expected to boost its available ton
kilometers by 302% with the operating revenue going up 110% to 180
billion yen. The productivity per employee must be improved by 20% in
order to achieve the corporate goal.
The international passenger operation aims to raise profit by
fine-tuning the route expansion in Europe, North America, China and
Asia areas. ANA expects to boost ASK on the Europe and North America
routes by 26% from Narita. With a daily service to China, the airline
will increase ASK by 11% on the China and Asia routes. Boeing B747
aircraft will be replaced by Boeing B777s and B787s to better address
the supply and demand on the international long-haul routes and meet
the challenge of the soaring fuel prices.
The network planning from FY2008 to FY2011 calls for the
following changes in the distribution of the total ASK production: on
the transpacific route from 27.4% in FY2008 to 28.2% in FY2011, on
the Europe and Middle East routes from 21.9% to 25.1%, on the China
route from 27.3% to 22.8% and on the Asia and Resort routes from
23.4% to 23.9%.
*Corporate Goal (Based on assumption: Singapore kerosene price
FY2008/ USD110 per barrel and FY2009-2011/ USD103 per barrel)
RSS
