ANA to expand budget airline business as Q3 profit shines

Tokyo

ANA Holdings, Japan's biggest airline by revenue, plans to expand its budget airline business into medium-length international flights due to robust travel demand in Asia after it notched strong third-quarter earnings.

In a new four-year strategic plan, ANA said on Thursday it also planned to use smaller jets in the Japanese domestic market to boost profits and it would look to expand its international flights to new markets such as South America, Africa and Russia.