19/26 - Trends in International Passenger Operations (2)

◎The graph on the left shows International Passenger Operations business class transitions of supply and demand as well as changes in the composition of business class passengers among all travelers. ◎We have been successful in capturing high-yield demand even as ASK gradually increases. ◎The number of business class passengers increased by more than 11% year on year during both the first and second quarters for firm results during the first half of the fiscal year. ◎The graphs on the right show status for each destination. RPK is exceeding the previous year excluding Europe, where we continue to see the impact of past terrorist attacks. Current outbound business demand from Japan is firm for all destinations. ◎Please turn to page 22.