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

ANA HOLDINGS INC.

(9202)
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Taiwan travellers take sightseeing 'flight to nowhere'

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09/19/2020 | 07:43am EDT

TAIPEI, Sept 19 (Reuters) - A Taiwanese airline carried around 120 passengers on a "flight to nowhere" on Saturday to view the South Korean resort island of Jeju, before flying straight back home, the latest gimmick to give people a glimpse of normality during the COVID-19 pandemic.

Tough border restrictions to keep the coronavirus under control have led to a 97.5% plunge in international travel in the region, according to the Association of Asia Pacific Airlines.

Many frequent flyers miss getting on planes and airlines including Taiwan's EVA Airways Corp and Japan's ANA Holdings Inc, desperate for revenue and to keep their pilots' licences current, have offered special sightseeing flights.

Saturday's flight by Tigerair Taiwan, the low-cost unit of Taiwan's largest carrier China Airlines, took off from Taipei's Taoyuan International Airport and flew up to Jeju, circling low to give passengers a chance to see the island, though mist limited views, and then flying back to Taiwan.

"I feel like I haven't gone abroad for a long time, and I think this event is very special. It's a good deal," said passenger Chen Shu-tzu, 43.

Some passengers wore traditional Korean dress to mark the flight.

Passengers and staff posed for pictures before the flight took off, holding a sign in Chinese, Korean and English reading: "South Korea is missing you. Tigerair Taiwan Longing flight (to) take off."

While international travel has collapsed, domestic travel is booming in Taiwan, where the pandemic is well under control.

Flights to Taiwan's sun soaked offshore islands and rugged east coast are packed, with Tigerair leasing out some of its aircraft to bolster supply on domestic routes. (Writing by Ben Blanchard; Editing by Mark Potter)


Stocks mentioned in the article
ChangeLast1st jan.
ANA HOLDINGS INC. -2.10% 2373 End-of-day quote.-34.84%
CHINA AIRLINES, LTD. 0.82% 8.65 End-of-day quote.-4.53%
EVA AIRWAYS CORP. 0.00% 10.7 End-of-day quote.-22.18%
TIGERAIR TAIWAN CO., LTD. 1.79% 28.5 End-of-day quote.-43.23%
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Financials
Sales 2021 926 B 8 850 M 8 850 M
Net income 2021 -291 901 M -2 789 M -2 789 M
Net Debt 2021 886 B 8 469 M 8 469 M
P/E ratio 2021 -2,73x
Yield 2021 -
Capitalization 808 B 7 658 M 7 724 M
EV / Sales 2021 1,83x
EV / Sales 2022 1,14x
Nbr of Employees 45 849
Free-Float 87,8%
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Technical analysis trends ANA HOLDINGS INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus UNDERPERFORM
Number of Analysts 10
Average target price 2 391,00 JPY
Last Close Price 2 373,00 JPY
Spread / Highest target 26,4%
Spread / Average Target 0,76%
Spread / Lowest Target -19,9%
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.-34.84%7 520
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