ANA Holdings, the parent company of Japan’s All Nippon Airways, has decided to stick with its full-year earnings forecast despite a slight dip in half-year profitability. The company attributes this confidence to the strong demand for both inbound Japanese and domestic travel. According to Pilotcenter.net News, ANA Holdings has adjusted its full-year revenue earnings figure upward to Y2.22 trillion ($14.5 million) for the fiscal year ending March 31, 2025. This revision is in response to the better-than-expected results in passenger and cargo transportation, a trend expected to continue for the remainder of the financial year.

In the latest financial report, the airline group unveiled its record-breaking half-year operating revenue, just shy of Y1.1 trillion ($7.2 billion), marking a significant increase of approximately 9.7% compared to the same period in 2023. Despite these impressive revenue figures, operating costs and fuel prices are putting pressure on profitability. ANA Holdings still aims to achieve an operating profit of Y170 billion ($1.11 billion) by the end of March 2025, in line with their initial projections.

Operating costs surged by 13.6% to Y991 billion ($6.54 billion), mainly due to increased maintenance expenses and investments in human resources. For the first half of the financial year ending on September 30, 2024, ANA Holdings reported an operating profit of Y108 billion ($707 million), a decline of 16.5% compared to the same period in 2023, attributed to rising costs outpacing revenue growth. Nonetheless, the company remains resolute, stating that operating profits are outpacing forecasts for the current year.

All Nippon Airways, the primary airline under ANA Holdings, experienced a 12.3% year-on-year increase in carried passengers, totaling 3.9 million during the first half of the fiscal year. International passenger revenues also soared to a record high of Y390 billion ($2.5 billion) for the half-year period, an 8% hike from the previous year. The surge in revenue is credited to strong demand for travel, both domestically and internationally.

The budget carrier Peach Aviation reported a 5.8% rise in revenues for the first half of the year, largely due to a focused effort on international routes and deploying aircraft on more profitable routes. To cater to seasonal demand, Peach operated limited routes during the first half despite challenges in aircraft availability. In terms of service enhancement, Peach introduced the 'Peach BAGGAGE TAG KIOSK' to improve passenger convenience and experience.

Lastly, AirJapan, the group’s low-cost long-haul division, ramped up efforts to attract passengers with a summer sale aimed at boosting travel to and from Japan. The introduction of QR code payments for airline tickets in Japan, Thailand, and South Korea adds convenience to the booking process. AirJapan currently operates Boeing 787-8 Dreamliners featuring an all-economy layout, accommodating 324 passengers.