ANA Holdings forecasts a record deficit of 510 billion yen on October 27, 15:09
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ANA Holdings Inc., a major airline company, announced its earnings forecast for the year ending March next year, revealing that the group's overall profit and loss is expected to fall into a record-high deficit of 510 billion yen.
This is because the number of users on both domestic and international flights has dropped significantly due to the effects of the new coronavirus.
ANA has officially announced that it will receive a loan of 400 billion yen from a financial institution with a "subordinated loan," which is a capital fund, in order to strengthen its financial base in preparation for a prolonged slump in air traffic demand.