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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  ANA Holdings Inc.    9202   JP3429800000

ANA HOLDINGS INC.

(9202)
  Report
End-of-day quote. End-of-day quote Tokyo Stock Exchange - 11/20
2532 JPY   -1.25%
05:08aANA : to launch smartphone payment service by year-end
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11/17CORRECTION ( : Virus-Graduates, Moved Nov. 17:)
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Philippine Airlines to cut up to 2,700 jobs due to pandemic impact

10/05/2020 | 09:33am EST
FILE PHOTO: A Philippine Airlines (PAL) aircraft taxis on a runway at Manila International Airport

MANILA (Reuters) - Philippine Airlines Inc (PAL) said on Monday it is cutting up to a third of its workforce, or around 2,700 jobs, as the aviation sector continues to suffer from pandemic-driven travel curbs.

The Southeast Asian nation's carriers, which halted operations in mid-March as President Rodrigo Duterte imposed one of the world's strictest and longest coronavirus lockdowns, are slowly ramping up operations.

"The collapse in travel demand and persistent travel restrictions on most global and domestic routes have made retrenchment inevitable," PAL said in a statement.

The retrenchment programme this quarter could cover up to 35% of its roughly 7,800 personnel, it added.

PAL is running less than 15% of its normal number of daily flights eight months after the Philippine government imposed travel curbs.

The loss-making carrier, partly owned by Japan's ANA Holdings Inc , lost roughly $1 billion in revenues in March to May when the company suspended its operations because of a travel ban.

The Philippines has 324,762 confirmed COVID-19 infections, the most in Southeast Asia.

(Reporting by Neil Jerome Morales; Editing by Susan Fenton)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ANA HOLDINGS INC. -1.25% 2532 End-of-day quote.-30.48%
PAL GROUP HOLDINGS CO., LTD. -2.71% 1150 End-of-day quote.-39.71%
All news about ANA HOLDINGS INC.
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More news
Financials
Sales 2021 795 B 7 596 M 7 596 M
Net income 2021 -478 743 M -4 576 M -4 576 M
Net Debt 2021 1 350 B 12 901 M 12 901 M
P/E ratio 2021 -1,78x
Yield 2021 -
Capitalization 847 B 8 105 M 8 096 M
EV / Sales 2021 2,76x
EV / Sales 2022 1,33x
Nbr of Employees 45 849
Free-Float 87,8%
Chart ANA HOLDINGS INC.
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ANA Holdings Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANA HOLDINGS INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 2 430,50 JPY
Last Close Price 2 532,00 JPY
Spread / Highest target 23,8%
Spread / Average Target -4,01%
Spread / Lowest Target -25,0%
EPS Revisions
Managers
NameTitle
Shinya Katanozaka President, CEO & Representative Director
Shinichiro Ito Chairman
Ichiro Fukuzawa Director, Manager-Finance & Investor Relations
Koji Shibata Senior Executive Officer & Head-Group IT
Shosuke Mori Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
ANA HOLDINGS INC.-30.48%8 160
DELTA AIR LINES, INC.-36.51%23 583
RYANAIR HOLDINGS PLC6.29%20 752
AIR CHINA LIMITED-22.76%12 187
UNITED CONTINENTAL HOLDINGS, INC.-54.71%11 611
CHINA SOUTHERN AIRLINES COMPANY LIMITED-10.31%10 509