• Bloomberg


All Nippon Airways Co. said Tuesday its first-quarter profit rose 11-fold as it sold a group of hotels, masking a drop in operating profit.

ANA’s net income increased to ¥87.4 billion in the three months to June 30, from ¥7.68 billion a year earlier, the carrier said. Operating profit fell 32.3 percent as fuel costs increased and the airline filled fewer seats.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.