News On Japan

ANA announces record huge loss forecast

Oct 28 (NHK) - The coronavirus pandemic has brought record losses to one of Japan's major airline operators. ANA Holdings has announced it expects a group net loss of 4.8 billion dollars, for the year ending next March.

The company says net loss for the half year through September amounted to a record 1.8 billion dollars. It says the number of passengers on international routes dropped 96 percent and on domestic flights by 79 percent.

The head of the holding company says this fiscal year has been difficult. President and CEO Katanozaka Shinya added that they will pursue efforts to make more profits and revenue with domestic, cargo and chartered flights, which continue to do well.

ANA Holdings will seek voluntary retirements, implement an annual pay cut of 30 percent on average and get rid of more than 30 planes as part of restructuring plans.

It plans to launch a new international low-cost carrier and promote tourism and product sales by tapping into customer data from its frequent flyer program in order to boost revenues.

Source: ANNnewsCH

News On Japan
POPULAR NEWS

The Hakamada case, a decades-long legal struggle, ended with an acquittal for Iwao Hakamada (88), who, along with his sister Hideko, fought for 58 years. Hakamada was suspected of the 1966 murder of a miso company executive’s family.

A Japanese government information-gathering satellite has successfully been put into a planned orbit around Earth. (NHK)

Japan's National Police Agency is introducing new patrol cars equipped with red lights designed to assist people with hearing impairments, flashing differently depending on whether the vehicle is on an emergency run or a routine patrol.

Yamagata University, which has been conducting research on the Nazca geoglyphs in Peru, announced the discovery of over 300 new geoglyphs, depicting a variety of subjects, including humans and animals.

The University of Tokyo has officially decided to increase tuition by approximately 110,000 yen for incoming undergraduate students starting next academic year, bringing the total to 642,960 yen.

MEDIA CHANNELS
         

MORE Society NEWS

Four Japanese men have been caught at an Australian airport on suspicion of trying to smuggle a large amount of cigarettes into the country. (NHK)

The former representative of the martial arts event company 'Breaking Down,' Yugo Itagaki, along with two other individuals, has been arrested by the Tokyo Metropolitan Police on charges of defrauding a company executive out of 80 million yen.

Strange incidents involving a woman placing black tape on outlets have been occurring around zoos in the Izu area of Shizuoka Prefecture.

As the number of households with Buddhist altars continues to decline, largely due to space limitations in modern housing, wholesalers of Buddhist goods are struggling with unsold inventory.

Twelve individuals involved in the traditional 'Ageuma Shinji' horse event held last year at Tado Shrine in Kuwana City, Mie Prefecture, have been referred to prosecutors on allegations of violent behavior toward horses, including forcing them up steep slopes.

A 39-year-old man has been arrested on suspicion of attacking a female university student by covering her head with a bag and attempting to strangle her.

A group of Humboldt penguins at Tokuyama Zoo in Yamaguchi Prefecture has captured people's hearts, as they chase a butterfly that had accidentally flown into their pool enclosure.

A man in his 30s was stabbed in the chest at an anime song event in Saku City, Nagano Prefecture on Sunday, leaving the victim serious injured.