TOKYO -- ANA Holdings will expand flights by its budget carriers to capture growing demand from Asian visitors to Japan, focusing on Southeast Asia, even as competition in the low-cost field intensifies.
ANA released its five-year strategy through fiscal 2022 on Thursday, outlining plans to boost mid-distance budget routes across Asia, including India. The Japanese company aims to double sales for its low-cost carriers from an estimated 96 billion yen ($881 million) for the year ending in March to just under 200 billion yen in fiscal 2022.
