Japan's ANA net profit dives 75% as virus hits air travel
AFP
| 2020/04/28 | 214 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Japanese airline ANA Holdings said Tuesday its annual net profit dived 75 percent, hit by massive falls in demand and cancellations caused by the coronavirus pandemic.For the fiscal year to March 2020, the firm logged a net profit of 27.6 billion yen ($258 million), while operating profit tumbled 63.2 percent to 60.8 billion yen, on sales of 1,974 billion yen, which were down 4.1 percent.The carrier said it suffered a "dramatic decrease" in air transportation business."While ANA sought to re...(…)
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