ANA invests in cargo to survive
02 / 02 / 2009
ALL Nippon Airways (ANA) has announced an emergency plan to survive the financial year 2009.
The plan has three parts. First, ANA will shrink capacity to match declining demand from Japan to Europe, North America, China and the rest of Asia. Second, it will minimise operational costs by limiting or postponing all but the most strategically necessary investment. Third, it will cut administrative and personnel costs but has not said how many jobs will be lost.
Cargo will receive more focus when ANA’s new Okinawa cargo hub becomes the centre of the network in October 2009. Eight 767-300 freighters will link Seoul, Shanghai, Taipei and Hong Kong with Narita, Haneda and Kansai, via Okinawa. An additional 767-300 freighter will be introduced to the network in March 2010 to link in Tianjin.