ANA Holdings, parent of All Nippon Airways, has raised its performance forecast for its 12 months to March 31, 2014 thanks to an increase in international passenger service. ANA expects a 20% increase in net income to JPY18 billion ($176 million), and it has also raised its operating revenue forecast 1.3% to JPY1.6 trillion. Operating income expectation has risen by 8.3% to JPY65 billion but this is still down from the JPY103.8 billion reported in the previous financial year. ANA also revised its recurring profit forecast to JPY42 billion, up 40% from JPY30 billion.

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