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All Nippon Airways Co., Ltd

ANA Group Revises Upward Profit Forecast for Fiscal 2003

Tokyo (ots)

ANA Group has revised its financial forecast
for the current fiscal year, which began on April 1 2003 and ends
today. A revised consolidated net profit of 21.5 billion yen, up
from 17.5 billion yen, is forecast on revenues of 1.217 trillion
yen. An increased operating profit of 30 billion yen, up from 21
billion yen, is also forecast.
The increased earnings forecast is attributed to strong business
travel demand, particularly on European and US routes, and
aggressive cost reduction measures.
A summary of the revised forecast on a Group consolidated basis
and ANA Parent Airline basis is as follows:
Consolidated Basis
Unit: 100 million yen
Revenue     Operating     Recurring      Net    
                                 Profit        Profit     Profit   
                                (loss)        (loss)     (loss)
Revised           12,170        300           280         215    
forecast
Forecast as of    12,180        210           140          175    
October 31,                                                       
2003
Difference         -10          90            140          40
Previous          12,159       (25)          (172)        (282)   
Fiscal year
Non-consolidated (ANA Parent Airline) Basis
Unit: 100 million yen
Revenue     Operating     Recurring       Net 
                                 Profit        Profit     Profit   
                                (loss)        (loss)      (loss)   
Revised           9,685         215           210          80     
forecast
Forecast as of    9,630         150           105          65     
October 31,                                                       
2003
Difference          55          65            105          15
Previous          9,405        (82)          (200)        (170)   
Fiscal year
Contact Rob Henderson, Public Relations,  r.henderson@ana.co.jp
ANA came into existence in 1952, and over 50 years later is now
one of the top ten largest airlines in the world, carrying with its
sister companies almost 51 million passengers every year to 45
destinations in Japan, and to 20 overseas cities in Asia, Europe and
the United States. As a member of Star Alliance, the world's foremost
airline alliance, ANA passengers enjoy seamless access to a network
of over 700 airport destinations in 128 countries, and reciprocal
benefits such as mileage accrual and redemption, and lounge access.
This information is provided by RNS
   The company news service from the London Stock Exchange

Contact:

Tetsuya Sudo
00 81 3 5756 5661

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