ANA announces its strategy for the coming years

ANA (All Nippon Airways) (Tokyo) has announced it strategic plans for the next two fiscal years (this is a common practice in Japan).

The highlights of the plan are:

1. A 22 per cent increase in ANA’s international operations in two years.

2. Increase in operating income to ¥110 billion in FY2012 and ¥130 billion in FY2013.

3. Adoption of multi-brand strategy and switch to holding company structure.

4. Further efficiency measures to reduce Group costs by ¥100 billion.

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