ANA chief urges Japan to boost travel during COVID-19 lull

Economy

All Nippon Airways (ANA) Holdings Inc. President and CEO Shinya Katanozaka speaks during an interview with Reuters at the company
All Nippon Airways (ANA) Holdings Inc. President and CEO Shinya Katanozaka speaks during an interview with Reuters at the company's headquarters in Tokyo, Japan November 11, 2021. REUTERS/Androniki Christodoulou

TOKYO (Reuters) -Japan's biggest airline, ANA Holdings, has asked the government to ease curbs on overseas visitors, and seeks a revival of domestic tourism subsidies to spur travel as pandemic infections fall, its chief executive said on Thursday.

Coronavirus immigration curbs in Japan have led to a drop of about 95% in the number of passengers on international flights, but daily infections have dropped to fewer than 200 this month, from an August peak of more than 20,000.

"When we are able to make money we should be allowed to," Shinya Katanozaka, chief executive of the carrier that has had seven consecutive quarters of losses, told Reuters in an interview.

"It will give us the strength to weather things in the future."

Last December, as COVID-19 infections began to rise, Japan halted a programme of subsidies for hotels and travel tickets that had helped ANA and rival Japan Airlines Co. boost passenger numbers on domestic flights.

The government could resume travel subsidies as soon as next month and ease entry limits for overseas visitors to 3,500 a day, Katanozaka said.

Last month, ANA increased its operating loss forecast for the year to March 31 more than four times, to 125 billion yen ($1.11 billion), and said it would cut worker headcount by a fifth over five years.

($1=113.0900 yen)

(Reporting by Maki Shiraki; writing by Tim Kelly Editing by Clarence Fernandez, Robert Birsel)

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