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 the forecast is serious.
ANA Holdings will seek voluntary retirement, 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.
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 the forecast is serious.
ANA Holdings will seek voluntary retirement, 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.
◆voluntary retirement,希望退職
◆tap into ～を利用する、活用する