NAA does not specify particular goal for listing its stocks in its midterm plan

Narita International Airport Co. (NAA) released "New Stage 2010," a new midterm corporate plan from FY2006 to FY2010, on March 23, however it does not specify a particular goal for listing its stocks in the midterm plan. It just mentions "as soon as possible."
Under the midterm corporate plan, NAA aims at consolidated operating revenueof more than 200 billion yen, non-consolidated operating profit of more than 38 billion yen, non-consolidated free cash flow of more than 25 billion yen and capital adequacy ratio of over 22% for FY2010.


This Week Contents
Headline
NAA does not specifyparticular goal for listing its stocks in its midterm plan
Airport
*Kansai has no visible influence from the open of Kobe Airport so far
*Narita reduced foreign passengers for February
Airline
*Two accused air traffic controllers were sentenced to innocence for JAL's near-collision
*JAL suffered large reduction of domestic passengers for February
*Finnair will add one moreflight on its Kansai route
*JAL air transport result for January 2006
Column "COCKPIT"
Wait and see where is better (Untold story behind Narita Airport Part 3)

New Kitakyushu Airport opened, Star Flyer started flight business

New Kitakyushu Airport opened on March 16 with seat booking rate of around 50% for the first month. JAL Group still serves five return flights daily between the new airport and Haneda with larger aircraft thanthat for flights between old Kitakyushu Airport and Haneda. In addition, J-Air serves three return flights daily for Nagoya with CRJ200, and Japan Transocean Air serves one return flight daily for Nahawith B737. JAL Group offers about 2.1 times more seats at New Kitakyushu Airport than old Kitakyushu Airport.

This Week Contents
Headline
New Kitakyushu Airport opened, Star Flyer started flight business
Airline
*The Ministry issued a written warning to SKY for maintenance trouble
*JAL nearly achieves its e-ticket rate of 40% on international flights
*Domestic local flights decreased passengers for 2005 despite the open of Centrair
*ANA and SWR agree on comprehensive tie-ups
Airport
*Airlines enjoyed high load factors on Kobe flights for the first month
*Kansai could not stop decrease of international passengers
Industry
*FHI delivered the first AH-64D for GSDF to the Defense Agency

ANA will welcome passengers with new services at Narita

ANA announced on March 1 to begin new services for its and Star Alliance members' passengers at NaritaAirport, when the South Wing of the first passenger terminal building opens on June 2 this year. The South Wing, about three times wider than before, will practically be the departure floor exclusive to Star Alliance under the concept of "Move under one roof."ANA, celebrating the 20th anniversary of the beginning of its international flight service, makes much of the project.

This Week Contents
Headline
ANA will welcome passengers with new services at Narita
Airport
*NAA hopes to start the 2nd runway extension project this summer
*New Kitakyushu Airport hopes large increase of users for large increase of seats
*Centrair was used by 11.9million passengers for the first business year
Airline
*KAL and AAR will largely increase flight services for Japan
*JAL will begin express cargo business particularly for China
Industry
*FHI starts full production of Eclipse 500
*KHI has delivered the first MCH-101 to the Defense Agency
Column "COCKPIT"
Complicate process to select candidate site (The sequel to "Untold story behind Narita Airport")

The JAL internal conflict forces CEO to leave his office

JAL announced at a news conference on March 1 that JAL Group CEO Toshiyuki Shinmachi will move to chairman without right of representation fromthe Group CEO, and instead Haruka Nishimatsu, senior vice presidentof JAL Corporation (the JAL Group holding company) and the two mainoperating companies of JAL International and JAL Domestic, will be promoted to new CEO. The change will officially be effective afterapproval of the annual general meeting of shareholders in late Junethis year. Shinmachi remains in his present post as CEO until the shareholders' meeting

This Week Contents
Headline
The JAL internal conflict forces CEO to leave his office
Airline
*JAL aims to move into theconsolidated black for FY2006 under new midterm plan
*Galaxy Airlines has applied for a business license to the Ministry
*COA boosts local flight demands by working out "Hometown Airline" concept
*ANA Group still decreasedits monthly international flight passengers
Airport
*Narita reduced passengersfor Korea
*Kansai reduced international passengers for January
Helicopter
*Helicopter operations for2005 reached a total of 80,000 hours
Column "COCKPIT"
Untold story behind Narita Airport