Centrair achievedthe initial passenger goal for the first year

Central Japan International Airport Co. Senior Executive Vice President Kunikatsu Yamashita reported at a news conference on February 20 that the new airport achieved the initial passenger goal for the first year after it opened on February 17 2005, as the number of passengersreached a total of about 12.3 million, which were broken down into international flight passengers of about 5.3 million and domestic flight passengers of about 7 million. Also, Yamashita revealed that passenger effects from the Aichi Expo (March 25 to September 25 2005) were approximately 1,000 on international flights a day and 3,000 on domestic flights a day.

This Week Contents
Headline
Centrair achieved the initial passenger goal for the first year
Airline
*Transport Minister is concerned about the JAL's confusion
*JAL still decreaseddomestic passengers for January
*J-Air marked 30% increase of passengers at Nagoya Airport
Airport
*Narita continued reducingJapanese passengers on international flights
*Kansai decreased international flight passengers for January
Space
*JAXA consecutively succeeded in lifting off H-IIA F9 and M-V-8
Industry
*JAMCO's sales for the first three quarters was below the initial expectation
Column "COCKPIT"

*JAL Managing Directorscall for its CEO's resignation

It was reported on February 15 that four Managing Directors of JAL Group have called for resignation of JAL President and CEO Toshiyuki Shinmachi, Executive Vice President Katsuo Haneda and Senior Managing Director Hidekazu Nishizuka to take their responsibilities for aggravation of the business. However, Shinmachi quickly refused the demand and has requested them to devote themselves to their own duties.

This Week Headline
*JAL Managing Directors call for itsCEOÉÜs resignation
*ÉÇCruise Year 2006" will start in full swing in March
+Focusing on baby boomer generation as a main target
*KNT will market new product series for baby boomers
+Consulting functions will bemore important at retail shops
*Myanmar emphasizes to increase Japanese tourists
*Kobe Airport opens with 24 flights daily
*Kobe hopes to accept international business jets
*New flight plans are announced one after another
*ANA and Asiana extend code-sharing agreement
*SKY has revised downward its FY2005financial outlook again

JAL further scales downits international passenger flights for turnaround

JAL Group released its route, frequency and fleet plan for FY2006 on February 6 to shrink its international passenger flights and instead to increase international cargo flights from Narita Airport. According to the plan, JAL will suspend its Narita-Las Vegas flights, Kansai International-Los Angeles flights, Komatsu-Seoul flights and Hiroshima-Seoul flights. At the same time, JAL Ways, the low-cost operator of JAL Group, will play more roles on international routes, increasing its share to 21% as ofthe end of FY2006 compared to FY2005. Also, JAL expects that the business scale of international cargo flights will expand by 10% approximately, using Narita slots available after the suspension of passenger flights.

This Week Contents
Headline
JAL further scales down its international passenger flights for turnaround
Airline
*JAL suffered from loss ofprofit for the first nine months of FY2005
*JAL completed the first step to join Oneworld
*JAL air transport result for December 2005
*NWA to increase its Narita-Saipan flights to ten a week
*SKY took delivery of the 2nd B737-800
Airport
*Haneda largely increased international flight passengers for 2005
*Niigata Airport marked the most-ever international passengers in 2005
Industry
*MHI, IHI and FHI resultedin better aerospace businesses respectively
Column "COCKPIT"
Centrair's management

ANA targets large increases of revenue and profit under the new midterm plan

ANA released the new midterm corporate plan for the next four years (FY2006 to FY2009) on January 31 this year, placing the four fiscal years as the important term for ANA to become "number one airline in Asia." Although ANA usually makes a three-fiscal years corporate plan, it released the four-fiscal years plan this time because a business plan for completion ofthe Haneda-re-expansion program in FY2009 should be included.

This Week Contents
Headline
ANA targets large increases of revenue and profit under the new midterm plan
Airline
*ANA to revise upward its financial outlook for FY2005
*ANA and Japan Post will launch a new joint venture for cargo operation
*JAL and SKY tie up for code-sharing flights on Haneda-Kobe route
Airport
*Narita passengers for 2005 reached more than 31 million
*Centrair still increased international flight passengers
*Flight connections are growing at Centrair
Industry
*FHI made the first flightof AH-64D for GSDF
*KHI aerospace businesses largely increased both orders and sales
Column "COCKPIT"
Wakasa protected ANA