ANA Holdings

What ANA Holdings does

ANA Holdings Inc. is a publicly traded Japanese holding company (Tokyo Stock Exchange: 9202) that operates one of Asia's largest full-service airline groups, built around its principal subsidiary All Nippon Airways (ANA) and, since August 2025, Nippon Cargo Airlines (NCA). The group runs scheduled domestic and international passenger services across roughly 25 countries spanning the Americas, Europe, East and Southeast Asia, South Asia, the Middle East, and Oceania, with Tokyo Haneda and Narita as primary hubs. ANA also holds a majority stake in low-cost carrier Peach Aviation and operates a portfolio of sub-brands including ANA Mileage Club, ANA Pay, ANA Super Flyers Card, and ANA Cargo.

The group's product portfolio spans four fare classes (economy through first class, including THE Room FX business class on Boeing 787-9), dynamic packaging, charter/business jet services, and an integrated cargo business combining belly capacity with dedicated freighters. Underlying technology investments center on operational automation: Boeing Airplane Health Management extended across 787/777/737 fleets, a multi-year maintenance digital platform with Swiss AviationSoftware and MINT targeted for 2027, AGVs at Narita's Base+ cargo facility (up to 40% reduction in connecting time), and EV autonomous towing tractors at Haneda (50-unit target by 2030). Digital distribution has shifted to NDC content via SabreMosaic, the first such activation by a Japanese carrier.

Revenue is generated across passenger tickets (with fuel surcharges that fluctuate with jet fuel prices), cargo operations, the Mileage Club loyalty ecosystem (co-branded credit cards, ANA Pay, SKY Coin, shopping and hotel partners), and ancillary services (seat selection, baggage, lounge access, duty-free). Go-to-market relies on direct digital channels supplemented by Star Alliance global connectivity, Sabre GDS distribution, corporate sales teams, and interline partnerships. The group is also pursuing adjacent opportunities through the ¥8 billion ANA Future Frontier Fund (automation, robotics AI, SAF) and consortia exploring eVTOL, drone inspection, and Earth observation satellite technology.

Name

ANA Holdings

Legal name

ANA Holdings Inc.

Website

https://ana.co.jp

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

ANA Holdings is Japan's largest combination carrier, operating scheduled domestic and international passenger flights, integrated cargo via Nippon Cargo Airlines, and the ANA Mileage Club loyalty ecosystem across 25+ countries from Tokyo hubs.

Ownership category

akta.pro rank

Product category

Airline Passenger Services

SIC

Air Transportation, Scheduled (4512)

akta.pro primary industry

Charter Airlines & ACMI / Wet-Lease Passenger Operators (TLAFAAAC)

Keywords

• Passenger air travel
• Air cargo services
• Frequent flyer programs
• Corporate travel solutions
• Aircraft maintenance services

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Passenger Air Travel: Core revenue from domestic and international passenger tickets across economy, premium economy, business, and first class cabins. ANA operates extensive route network from Tokyo Haneda and Narita airports.
2. Cargo Operations: Following completion of Nippon Cargo Airlines (NCA) takeover in August 2025, ANA Holdings became Japan's largest combination carrier with integrated cargo operations. NCA's large freighter network combined with ANA's passenger routes enhances global cargo capacity and profitability.
3. Cargo Business Reorganization: Strategic reorganization merging Nippon Cargo Airlines, NCA Japan, and ANA Cargo into unified entity targeting synergy benefits of 30 billion yen. Consolidating warehouse operations at Chubu Centrair, Kansai, and Chicago O'Hare airports.
4. ANA Mileage Club Loyalty Program: Frequent flyer program generating ancillary revenue through co-branded credit cards, hotel partnerships, and shopping partnerships. Members can earn and redeem miles across flights, ANA shopping, hotels, and retail partners.
5. Ancillary Services: Seat selection fees, priority boarding, excess baggage charges, in-flight sales, duty-free shopping, and cargo shipments. ANA offers paid lounge access and upgrade options.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels7 records

Core offering

ANA Holdings is a Japanese air transportation business enterprise that provides scheduled domestic and international passenger air travel through its principal subsidiary All Nippon Airways, complemented by integrated air cargo operations following the August 2025 acquisition of Nippon Cargo Airlines. The group also operates the ANA Mileage Club loyalty program, premium cabin products such as THE Room FX business class, low-cost carrier Peach Aviation, and ancillary services including seat selection, baggage, in-flight sales, and corporate travel programs.

Product overview

ANA Holdings operates as Japan's largest airline group offering a comprehensive portfolio of air travel and related services. The core offering includes domestic and international passenger flights through the main ANA brand, supplemented by cargo operations following the Nippon Cargo Airlines acquisition. The loyalty ecosystem centers on ANA Mileage Club with associated SKY Coin digital currency for redemptions. Premium products include business aviation services and the new THE Room FX business class cabin. The group is expanding into next-generation mobility through eVTOL initiatives and automation investments via its venture capital fund. Digital distribution leverages NDC content through SabreMosaic, while cargo operations integrate automated guided vehicles for warehouse efficiency.

Differentiator

Problem solved

Functional benefit

Brands

• ANA Mileage Club: ANA's loyalty program for frequent flyers.
• ANA Super Flyers Card
• ANA Card
• ANA Mall
• ANA Shopping A-style
• THE Room FX
• Peach Aviation
• ANA Cargo
• Base+
• ANA Pay
• AirJapan
• avartin Inc.

Products and services

• ANA Passenger Flights (Domestic and International) Core scheduled passenger air transportation service offering economy, premium economy, business, and first class cabins across domestic Japanese routes and international destinations through Tokyo Haneda and Narita hubs.
• ANA Cargo Integrated air cargo service combining ANA's passenger network belly capacity with NCA's dedicated freighter operations following the August 2025 NCA acquisition. Serves freight forwarders and shippers globally, with warehouse consolidation at Chubu Centrair, Kansai, and Chicago O'Hare.
• ANA Mileage Club Frequent flyer loyalty program offering tiered membership, mileage earning on flights and partner spending, and redemption for award flights, upgrades, hotels, and retail purchases. Includes co-branded credit cards and partner network integration.
• ANA Business Jet Premium private jet charter service for corporate and high-net-worth clients requiring bespoke travel arrangements with full-service support.
• ANA Travelers Dynamic Package Dynamic packaging service bundling flights with hotels, rental cars, and activities, offering bonus tour miles (100 yen = 1 mile) in addition to flight miles for both domestic and international travel.
• THE Room FX Business Class Next-generation business class suite for Boeing 787-9 aircraft featuring full-height privacy doors, no-recline seating, 24-inch HD monitors, and wireless charging. Developed with Safran Seats and Acumen Design Associates, claimed as world's largest business class seat on mid-sized aircraft.
• Peach Aviation Japanese low-cost carrier operating as a majority-owned subsidiary of ANA Holdings, providing budget-friendly short-haul and medium-haul flights primarily across Asian routes.
• ANA Super Flyers Card Premium membership card service offering lifetime mileage status and exclusive benefits to ANA's most frequent flyers.
• ANA Card Co-branded credit card product integrating ANA Mileage Club membership, enabling cardholders to earn miles on everyday spending in addition to flight miles.
• ANA SKY Coin Digital currency for ANA Mileage Club members redeemable at 1 mile = 1 yen equivalent for ANA flights, tours, and affiliated services.

Quantifiable outcome

• SKYTRAX 5-Star Airline rating maintained for 13 consecutive years
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature4 records

Partnerships

14 partnerships are on record, tiered strategic, innovation and core.

• Phoxter CorporationstrategicTechnology or Integration · 29 May 2026ANA Holdings invested in Phoxter Corporation, an Osaka-based startup developing automation systems for transport and inspection in manufacturing and logistics industries, through its corporate venture capital fund the ANA Future Frontier Fund. 60 of Phoxter's automated guided vehicles are already deployed at Narita Airport's largest cargo hub. The investment reflects broader labor shortages in Japan's aviation and logistics industries.
• avartin Inc.innovationTechnology or Integration · 13 May 2026avartin Inc., a Tokyo-based startup spun off from ANA Holdings, selected Avaya Infinity to modernize its communications ecosystem and power its mobile robotic avatar service platform called newme. The relationship demonstrates ANA's innovation ecosystem spinning off technology ventures.
• Southwest AirlinesstrategicChannel Partner/ Reseller/ Distributor · 22 April 2026Southwest Airlines signed new interline partnership agreement with ANA, allowing passengers to book connecting flights on a single reservation with checked baggage through to final destination. Covers six shared US hub cities: Chicago O'Hare, Honolulu, LAX, San Francisco, Seattle, and Washington DC. This is Southwest's seventh international ticketing partnership and fourth with an Asian airline.
• IHG Hotels & ResortsstrategicGTM or Marketing Partner · 22 April 2026IHG Hotels & Resorts and All Nippon Airways announced a milestone loyalty partnership to launch after October 2026, setting a new benchmark for hotel-airline collaborations. The agreement provides mutual benefits to members of both IHG One Rewards and ANA Mileage Club loyalty programs.
• SK ChemicalsinnovationStrategic or Co-development Partner · 13 April 2026SK Chemicals hosted a 37-member Japanese business delegation including executives from ANA at its Ulsan plant in South Korea to demonstrate circular recycling technologies. SK Chemicals plans to expand marketing efforts in Japan where demand for chemically recycled PET grew more than fivefold last year, potentially supporting ANA's sustainability initiatives.
• Axelspace Corporation ConsortiuminnovationStrategic or Co-development Partner · 30 March 2026A consortium led by Axelspace Corporation including Meisei Electric, ANA HOLDINGS INC., and JIJ Inc. was selected by JAXA's Space Strategy Fund to develop technology for next-generation Earth observation satellites. Project aims to create compact spectrometers for CO2 emission monitoring through coordinated satellite constellation and aircraft observations, with demonstration satellite planned between FY2030-2032.
• HAECO GroupcoreTechnology or Integration · 19 March 2026HAECO extended line maintenance partnership with ANA through 2030 in Hong Kong, providing technical and non-technical support services for Boeing 787 Dreamliner fleet and Boeing 767/777 freighters. Partnership spans over two decades, supporting ANA's consistent SKYTRAX 5-Star rating since 2013.
• Wingtra AGinnovationStrategic or Co-development Partner · 16 March 2026ANA Holdings signed MOU with Swiss drone manufacturer Wingtra AG to evaluate deploying drone-based surveying and inspection services across Japan, supporting infrastructure monitoring and disaster assessment. Partnership includes testing VTOL drone technology demonstrated at Mount Unzen-Fugen, targeting commercial service launch by 2027.
• FTE Smart Ramp InitiativeinnovationStrategic or Co-development Partner · 11 March 2026ANA joined the FTE Smart Ramp initiative alongside Munich Airport, Lufthansa, and other global airports and airlines to explore autonomous aircraft turnaround processes including robotics, automation, and autonomous vehicles. Initiative aims for full-scale autonomous operations by 2027 and developing industry-wide frameworks for autonomous ramp operations.
• BoeingcoreStrategic or Co-development Partner · 6 February 2026Boeing and ANA renewed and expanded aircraft health monitoring partnership at Singapore Airshow 2026. ANA extended AHM coverage from 787 Dreamliner fleet to include 777 and 737 aircraft for improved predictive maintenance capabilities, fleet performance, and operational efficiency.
• RTX Corporation (Collins Aerospace)coreTechnology or Integration · 3 February 2026Collins Aerospace, an RTX business, signed two renewal agreements with ANA at Singapore Air Show: a five-year FlightSense renewal for on-site support covering Boeing fleet including 737NG/MAX, 767, 777, 787 and Dash 8-400 aircraft, and a three-year extension for MRO repair services on Rolls-Royce Trent 1000-powered 787 Dreamliner accessories. FlightSense program in place since 2001.
• Sabre CorporationstrategicTechnology or Integration · 30 October 2025ANA became the first Japanese carrier to activate NDC content globally through SabreMosaic Travel Marketplace, allowing agencies in over 40 countries to book ANA's NDC offers within a cloud-native workflow. The collaboration enhances distribution and customer experience.
• LanzaJetstrategicStrategic or Co-development PartnerANA is an investor/backer in LanzaJet, a sustainable aviation fuel company. LanzaJet has raised approximately $400 million from backers including Shell, Suncor, British Airways, Southwest Airlines, Airbus, and Breakthrough Energy. ANA's involvement supports SAF production capacity development for aviation industry decarbonization.
• Tokyo Bay eSG Project ConsortiuminnovationStrategic or Co-development PartnerA consortium of seven Japanese companies including Nomura Real Estate, Shimizu Corporation, ANA Holdings, Aero Toyota, Kidou Systems, Eight Knot, and Tokyo Water Taxi conducted demonstration experiments for Tokyo Metropolitan Government's Tokyo Bay eSG Project. In December 2025, successfully demonstrated eVTOL takeoff and landing at a floating port in open sea, along with autonomous vessel navigation and multi-robot demonstrations. Project runs through March 2026 toward integrated land, sea, and air mobility systems.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Regional players

• EVA Air: Taiwan-based full-service carrier with strong premium cabin products (Royal Laurel class) and dedicated cargo operations. Comparable as a regional Asian full-service competitor on North Asia–North America and intra-Asia routes, though not a direct competitor in Japan domestic.

Broad incumbents

• Air France-KLM: European combination carrier with both passenger and dedicated cargo operations (Martinair) and SkyTeam-equivalent global distribution. Comparable on combination-carrier economics, premium long-haul product strategy, and European/Asian cargo flows.
• United Airlines: US-based Star Alliance partner and one of ANA's key codeshare partners across the Pacific. Comparable as a large full-service network carrier with premium cabin investment, MileagePlus-style loyalty program, and similar long-haul Asia hub connections.
• Delta Air Lines: US-based broad incumbent with a global alliance, hub-and-spoke network, premium product investments, and integrated cargo operations. Comparable as a scaled full-service competitor for trans-Pacific corporate traffic and as a benchmark for SkyMiles-style loyalty monetization.
• Lufthansa Group: European flag carrier group that co-leads the FTE Smart Ramp autonomous operations initiative with ANA and Munich Airport. Lufthansa is a broader incumbent offering overlapping cargo, MRO, and Star Alliance distribution, serving as a benchmark for ANA's premium and cargo strategy.

Direct peers

• Korean Air: Full-service Asian carrier with combined passenger and dedicated cargo operations, recently consolidated with Asiana. Closely comparable to ANA in network structure, SkyTeam-equivalent alliance positioning, and combination-carrier business model.
• Singapore Airlines: Asia-based full-service flag carrier with a similar premium-led brand strategy, multiple SKYTRAX 5-Star ratings, and a parallel investment in next-generation cabin products and digital platforms. Comparable as a long-haul Asia hub-and-spoke competitor for premium corporate and leisure traffic.
• Japan Airlines: Japan's other flag carrier and ANA's primary domestic and international competitor. JAL operates a parallel full-service passenger and cargo network out of Tokyo, shares the Star Alliance partnership context, and is ANA's closest substitute for premium and inbound tourism demand.
• Cathay Pacific: Hong Kong-based full-service carrier with a strong premium cabin focus and significant cargo operations. Comparable on long-haul Asia-Europe/America routes, premium product cycles, and combination-carrier cargo strategy that mirrors ANA's post-NCA positioning.

Others

• Peach Aviation: Majority-owned LCC subsidiary of ANA Holdings. Comparable as the low-cost segment of ANA's network strategy, providing feed traffic and competing against JAL's ZIPAIR and other LCCs for price-sensitive domestic and intra-Asia demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ANA_Group_News
• YouTubeyoutube.com/user/ANAGlobalCH
• Facebookfacebook.com/ana.japan
• Instagraminstagram.com/ana.japan
• TikToktiktok.com/@ana_allnipponairways

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries7 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments19 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ANA Holdings