• SHARE

ANA Holdings Inc. reported Friday a net loss of ¥51.16 billion ($470 million) in the April-June quarter as the coronavirus pandemic continued to dent travel demand, but cost-cutting and a robust cargo business helped the airline to limit the red ink.

The parent of All Nippon Airways Co. saw its net loss in the first quarter of fiscal 2021 nearly halve from a record quarterly ¥108.82 billion a year earlier. It incurred an operating loss of ¥64.61 billion, shrinking from a ¥159.07 billion loss a year earlier, while sales jumped 63.6% from the previous year to ¥198.91 billion.

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.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)