All Nippon Loses $54 Million In 1998
All Nippon Airways yesterday posted a net loss of 6.5 billion yen ($54.1 million) for fiscal 1998-99, a loss that could have been worse in the face of Japan's recession. Revenue fell 1% to 903 billion yen ($7.52 million). "It has been a challenging year," said President Kichisaburo Nomura, noting...
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