AIRDO is a Japanese airline based in Hokkaido. AIRDO announced its financial results for the fiscal year ending March 2026, reporting a net profit of 1.203 billion yen.
Operating revenue reached 53.4 billion yen, up 0.4 percent year on year, marking a new record high. The number of passengers was 2,610,151, an increase of 2.7 percent, and the load factor was 85.3 percent, up 2.5 points, also reaching a record high. On the other hand, due to the weaker Japanese yen and rising crude oil prices, costs such as aircraft maintenance increased. As a result, operating profit dropped to 2 billion yen, down 39.4 percent, and ordinary profit fell to 1.7 billion yen, down 43.3 percent, meaning profitability deteriorated significantly.
By route, the airline successfully captured solid leisure demand. The Sapporo/Chitose–Tokyo/Haneda route (load factor 86.1 percent), the Sapporo/Chitose–Fukuoka route (85.7 percent), on which additional seasonal flights were operated from July to August, and the Sapporo/Chitose–Kobe route (88.7 percent), which benefited from the boost of the Expo held in Japan, all significantly exceeded the previous year’s levels. Meanwhile, due to approximately two months of flight cancellations caused by repair work following lightning damage to a Boeing 767 aircraft that occurred in November 2025, the total number of operated flights decreased to 23,036, down 2.2 percent year on year.
For the fiscal year ending March 2027, the airline forecasts operating revenue of 55.5 billion yen, a 3.8 percent increase year on year. However, it expects a sharp decline in profits, with operating profit projected at 900 million yen, down 55.0 percent, and ordinary profit at 600 million yen, down 66.6 percent. Although AIRDO assumes that the impact of the situation in the Middle East will normalize in the second half of the year, it cites rising costs due mainly to higher crude oil prices as the primary factor behind the lower profit outlook.
