|ANA Unveils More Details of Emergency Plan for FY 2009
- single biggest annual cost cutting initiative in the airline’s history -
TOKYO April 30, 2009 - ANA today released more details of its FY 2009 Emergency Plan, which has been in place since the start of the present fiscal year, April 1, and runs to March 31, 2010. The plan is ANA’s map for navigating the global recession and outlines how the company will prepare for the opportunities presented by the expansion of airport capacity in the Tokyo metropolitan area in FY2010.
For the present fiscal year, ANA will concentrate its efforts on the following three areas: restructuring its operations, mainly centered on an overhaul of its network; limiting all but strategically necessary investment; and implementing its most ambitious cost-saving initiative in the history of the airline, to the tune of $743.1 million (¥73 billion).
At the same time, as a matter of course, ANA will maintain its emphasis on operational and service quality, continue to improve the attractiveness of its brand, pay greater attention and respond more flexibly to market movements, create demand where possible and maximise revenues from it.
Domestically, it is cutting non-profitable routes and reducing capacity to increase efficiency where necessary, flexibly matching aircraft size with demand, making better use of seasonal operations and aircraft with low utilisation rates to match changes in demand, introducing more flexible timetabling, introducing a variety of fare types to spur leisure demand and improve the yield on business travel.
On international routes, ANA is more finely balancing aircraft size with demand, including down-gauging where necessary to increase efficiency - such as introducing 777 aircraft on all intercontinental routes (Paris and Frankfurt routes are the only routes operated using 747-400 aircraft) - and introducing a more flexible fare structure to stimulate demand.
Outlook for FY 2009
|Contact Rob Henderson, ANA Public Relations: firstname.lastname@example.org
– ¥98.23 = $1
|ANA Unveils More Details of Emergency Plan for FY 2009|