Competition Hurts

All Nippon Airways has reported a 17-billion-yen ($142-million) net loss on revenues of 940.5 billion yen for fiscal 2002. The loss led the ANA Group of 133 companies to a 28.2-billion-yen net loss on 1.2 trillion yen in revenues. The group includes Air Nippon, Air Hokkaido, Air Nippon Network and...

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