We would like to express our deepest gratitude for the support you have provided.
In the year ended March 31, 2018 (FY2017), the ANA Group captured strong demand in all of its mainstay businesses of international passenger services, domestic passenger services and international cargo services, and thus achieved new record for operating income, ordinary income and net income attributable to owners of the Parent.
In the first year of our FY2018-2022 ANA Group Mid-Term Corporate Strategy announced this February, we will steadily implement our three key strategies to (1) expand the airline revenue platform, (2) select and concentrate on existing business, and create new business domains, and (3) utilize open innovation and ICT during the year ending March 31, 2019 with the aim of achieving sustained growth throughout the Group. Furthermore, to expand business and maximize earnings, we will merge Peach Aviation and Vanilla Air, the ANA Group's two LCC companies, in the year ending March 31, 2020 with a view to making the ANA Group's LCC the leading LCC in Asia by further expanding our route network connecting Japan with Asia and also operating medium-distance routes in the future.
At the same time as promoting our growth strategy, we have positioned FY2017 and FY2018 as two years for comprehensively reviewing safety, quality and service, and will continue our efforts to strengthen our management base with safety as our highest priority in all businesses.
We will improve earnings in all businesses including air transportation, travel services and trade & retail, and achieve the strengthening of our financial base, investment in growth and shareholder returns as we continue to grow as a global airline group.
We would like to express our sincerest thanks to all our shareholders and investors, and as always, we look forward to your continuous support and patronage of the ANA Group.
President and CEO