(ANSA) – TOKYO, OCTOBER 30 – All Nippon Airways (Ana) will reduce its workforce by 9,000 units in the next 5 years due to the continuing uncertainty caused by the coronavirus on the entire sector. The first Japanese airline expects an annual loss of 100 billion yen, the equivalent of 750 million euros, between now and March 2022, compared to an initial forecast of return to profit.
This is Ana’s second consecutive year in the red, despite efforts to limit operating costs and the overall good performance of the cargo division. The drastic downsizing of passenger transport in 2020 resulted in a loss of 404 billion for the carrier in the fiscal year ended in March of this year. Most of the redundancies will take place between ground staff in Japan and flight attendants, through early retirement and hiring freezes, bringing total employees to 29,000 by 2025. “The loss in the first half is too large and we do not expect a return to profitability for the full year, although we will see a recovery in the second half of the year, “said Chief Executive Shinya Katanozaka.
In the last 6 months the loss of Ana has however narrowed to 98.80 billion yen and the turnover has grown by 47% compared to the reduced values of the same period of 2020, mainly supported by the demand on the domestic routes, while it is still in note the closure of the borders in Japan – which does not allow the transit of tourists from abroad due to the coronavirus emergency. (HANDLE).
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