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ANA enjoys record earnings on robust tourism growth

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Covid had a long tail. It stopped people travelling for longer than just the closures. Multi-year interest, especially in Japan, that built up before it was possible to visit, may account for an artificial bump in tourism that is still continuing. It may not keep rising.

The experience displayed in YT videos that generated interest in Japan pre-Covid is not available anymore. Japan restricted AirBnBs, which remain the go-to option for many tourists now. Some tourist stuff that shuttered didn't come back after Covid. New Suica cards are not an option - they were fundamental to an easy travel experience. The JR rail pass has shot up in cost, suppressing movement. Some places are moving away from cash or requiring apps, so may not be universally accessible. Antagonism towards tourism is rising, from the Canary Islands to Venice. Environmentalists are targeting it too. Russian airspace is now closed to some airlines. Tourist services are being badly hit by staff shortages after Covid-era migrant repatriations. A declining Yen makes no difference if a tourist's own currency is also declining - most are as the dollar is quite inflated. Inflation and high interest rates are both likely to suppress spending for some time to come, possibly the next decade.

With war on most governments' agendas, if you want to see Japan, it may be wise to do it soon, before things get any worse, and whilst it is still possible.

5 ( +5 / -0 )

Only I who think ANA'S tickets are very expensive?

12 ( +13 / -1 )

and how abt ticket prices?

no comment right...

when GREED is a king!!!

6 ( +9 / -3 )

Only I who think ANA'S tickets are very expensive?

No, and these days their fares are often more expensive than JAL who have form at price gouging.

8 ( +8 / -0 )

Glad to see that the greed is handsomely paid off to those companies practicing callous prices for their flight tickets.

6 ( +7 / -1 )

Go ANA..

GO JAPAN..

-7 ( +2 / -9 )

Which really means they are over charging their customers in record levels.

2 ( +6 / -4 )

the overcharging will come back to bite them.

every tourist boom is temporary. Especially with the surrounding countries economies also declining with the exception of Taiwan. But they do not have the numbers.

min top of that all neighbors have declining populations just as Japan.

let them enjoy it while it lasts

-2 ( +4 / -6 )

Good for them. They offer an excellent product from the ground up. International prices are actually starting to fall after peaking at the end of last year. My first choice for flying to Europe, US and East Asia.

0 ( +2 / -2 )

THIS and the exponential profit made by the big export companies is why they won't touch the weak yen, locals who are suffering from cost increases be damned.

-3 ( +6 / -9 )

When times get rough, they'll raise the already sky-high ticket prices or beg for the government to bail them out while giving big bonuses to the execs and telling the regular employees that times are tough so no pay raises.

1 ( +7 / -6 )

Good for ANA. We’d be complaining if ANA wasn’t making any profit and asking for a tax payer buy out. They give people jobs and to be honest, all airline tickets across the world have jumped ALOT! So a weak yen may also be helping this industry too. We’ll be complaining when the yen strengths and the profits fall.

-2 ( +1 / -3 )

I think they will surely want to contribute something back the taxpayer in gratitude at the Go-to travel campaign that helped tide them over the covid period. I don't think they will want to be seen as ruthless exploiters of largesse. Will they?

1 ( +2 / -1 )

Price goujing.

Why Chinese companies not allowed enough to get in?

1 ( +1 / -0 )

Into what? @J Prin

-1 ( +0 / -1 )

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