AIRDO is a Japanese airline based in Hokkaido, operating domestic routes mainly between Hokkaido and other regions of Japan. AIRDO announced its interim financial results for the fiscal year ending March 2026 (April to September 2025). Net income was in the black at 1.956 billion yen.
Operating revenue was 28.214 billion yen (up 1.3% year on year), operating expenses were 26.005 billion yen (up 5.6% year on year), and operating income was 2.208 billion yen (down 31.4% year on year). Total assets amounted to 45.114 billion yen, net assets to 13.61 billion yen, and the equity ratio was 30.2%.
Available seat capacity was 1,603,000 seats (up 3.7% year on year), the number of revenue passengers was 1,350,714 (up 7.2% year on year), the load factor was 84.2% (up 2.7 points year on year), and the flight completion rate was 99.1%.
Despite intensified price competition as well as the impact of the weak yen and rising prices, the operating environment remained challenging. By implementing competitive fare structures, sales based on demand forecasting, and increasing frequencies, AIRDO worked to increase revenue, resulting in record highs for both passenger numbers and operating revenue. However, as the pace of increase in operating expenses outstripped revenue growth, profits declined.
The full-year earnings forecast was revised, with operating revenue projected at 54.2 billion yen (down 1.4 billion yen from the previous forecast), operating income at 1.1 billion yen (down 500 million yen), and ordinary income at 900 million yen (down 600 million yen).
