Monday, December 23, 2013

Air Do announces FY2013-2016 plans.

AIRDO (HD/ADO) (d.b.a. Air Do) announced its business strategy for fiscal years 2013-2016. Next fiscal year 2014 will see the Sapporo/New Chitose (CTS/RJCC)-based carrier launch its first international services with charter flights to South Korea and Taiwan from New Chitose and possibly Obihiro (OBO/RJCB) as well, to be followed by additional domestic destinations from the Hokkaido capital in 2015. By fiscal year 2016, they aim to bring up revenue to 60 billion JPY and produce an operating profit of 2.9 billion JPY, for a 4.8% net margin.
Boeing 737-54K JA305K in BearDo special livery at Sendai. (Photo: Ryosuke Yano)

Air Do currently operates two Boeing 767-300ERs, two B767-300s, four B737-700s, and six B737-500s. Plans call for the return of one B767 to its lessor in 2016, but will replace with another aircraft, probably on lease from 14% owner ANA Holdings like with its B737-700s. 2020 will see the retirement of its B767s and the replacement will be decided in 2016, which may possibly be early machines of ANA's B787-8s. In January 2016, Air Do will retire its last B737-500 after its ninth B737-700 is transferred from ANA. 

Source: Air Do (PDF; in Japanese)

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