ANA profit down 56% in FY2013

Credit: Rob Finlayson
All Nippon Airways parent ANA Holdings posted net income of ¥18.8 billion ($183 million) for the 2013 financial year ended March 31, 2014, down 56.2% from ¥43.1 billion year-over-year. The weakness of the Japanese yen, which helped push fuel costs 22% higher in FY2013, was cited as the main reason...

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