ANA Holdings Inc

9202: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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ANA: Aircraft Orders and Trip.com Partnership Support Growth; No Valuation Change

Lorraine Tan , Nicole Lim

Jul 1, 2025

In June 2025, ANA signed a firm order for 24 A321neo and three A321XLR aircraft during the Paris Air Show and announced expanding its partnership with Trip.com to 11 additional markets. Separately, its share exchange date to take over Nippon Cargo Airlines, or NCA, is postponed again, to Aug. 1.

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ANA Holdings Inc

ANA: Aircraft Orders and Trip.com Partnership Support Growth; No Valuation Change

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