We would like to express our deepest gratitude for the support you have provided.
During the first quarter of fiscal year 2019 , the ANA Group achieved record first-quarter sales in excess of 500 billion yen in our international and domestic passenger service as a result of steadily both capturing business travel demand and leisure demand during the 10-day Golden Week holiday, despite cargo demand declining mainly due to trade friction between the United States and China. Meanwhile, on the cost side, an increase in anticipatory expenses for the expansion of arrival and departure slots at Tokyo metropolitan area airports next fiscal year, mainly related to aircraft and human resources, led to year-on-year decreases in operating income, ordinary income and net income attributable to owners of the parent.
Furthermore, the new government aircraft, which ANA group has been supporting, started operation from this April. ANA Group will support its training, maintenance and operation. Also operations began in May on our Narita-Honolulu route with an Airbus A380, the world's largest passenger aircraft, and in July a second Airbus A380 began operations. While maintaining the safety that is the foundation of our business, we are aiming to steadily capture business opportunities and realize sustained growth in advance of the Olympic and Paralympic Games Tokyo 2020 and the increase of arrival and departure slots at Tokyo metropolitan area airports in the coming fiscal year.
We will continue to strive to enhance earnings across all of the Group's business in order to meet the expectations of our shareholders and investors. We look forward to your continued support and patronage of the ANA Group.
President and CEO