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ANA raises FY 2011 forecast; net profit jumps 40%

All Nippon Airways (ANA) has revised its 2011 full financial year performance forecast upward, citing strong tourism demand and reduced operating expenses.

All Nippon Airways 787. Courtesy, Boeing All Nippon Airways (ANA) has revised its 2011 full financial year performance forecast upward, citing strong tourism demand and reduced operating expenses. Operating revenue for the year is expected to be ¥11 billion ($135 million) better than originally forecast, a 0.8% increase to ¥1,411 billion. Operating income is expected to be 7.8% higher than the original forecast, to ¥97 billion. Recurring profit will be 21.4% higher at ...

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