Japan's domestic air travel recovery gives ANA a lift as JAL disappoints

Both airlines are eager for a return of Chinese tourists after end of zero-COVID

20230202 JAL ANA

JAL and ANA both hope to benefit from the return of Chinese tourists now that Beijing has abandoned its zero-COVID strategy. (Photo by Kosaku Mimura) 

RURIKA IMAHASHI, Nikkei staff writer

TOKYO -- Japan's two biggest airlines expect to benefit unequally from the country's recovery in domestic travel, though both have high hopes for the return of Chinese tourists.

ANA Holdings, the country's largest airline by revenue, raised its earnings forecast for the year through March to 1.71 trillion yen ($13.2 billion) in revenue and 60 billion yen in net profit, compared with the 1.7 trillion yen and 40 billion yen it had previously forecast.

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