ANA sees profit slump 23% for FY 2018/2019 results

All Nippon Airways (ANA) profits slumped by 23% in its full year 2018/2019 results. The airline’s profit totalled JPY110.7 billion (approximately $998.3 million), down from JPY1.97 trillion recorded in the full year period during the financial year 2017/2018. Meanwhile, the group’s operating revenue was JPY2.058 billion, while operating income was JPY165.0 billion, both reaching a record high for the fourth consecutive year. “It is our first time to exceed JPY2 trillion and, compared to last fiscal year, it increased by 4.4%, which is JPY86.5 billion,” said Ichiro Fukuzawa, CFO, ANA. “ANA Group will strive to further enhance quality, and prepare