ANA swings to $34 million 1Q net profit

Credit: By Rob Finlayson
Japan’s All Nippon Airways (ANA) reported net income of ¥3.5 billion ($34.4 million) for the first-quarter of the company’s fiscal year 2014 ended June 30, reversed from a net loss of ¥6.6 billion in the year-ago quarter. “[ANA’s] sales growth [was] supported by good demand for domestic and...

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