ANA may cut flights if state of emergency declared

The CEO of the operator of ANA says the airline will consider reducing flights if a state of emergency is declared for Tokyo and surrounding prefectures.

ANA Holdings President and CEO Katanozaka Shinya made the comment during an interview with NHK on Tuesday.

He said that air transportation is key infrastructure for economic activities. But his company will have to reduce or cancel flights if demand falls significantly, because it cannot afford to lose any more money.

He said the cuts will be made mainly to flights to and from Tokyo.

The coronavirus pandemic has pummeled the air-travel industry. ANA Holdings expects a record group net loss of nearly 5 billion dollars for the year ending in March.

Katanozaka said the company's turnaround plan will involve shaving more than 3.8 billion dollars of costs. The aim is to return to the black in the next fiscal year.

He also said the company's biggest goal is to survive on its own. He dismissed the idea of an integration of its international flight business with rival Japan Airlines.