Japan's ANA forecasts $880m annual net loss

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Japan's ANA downgrades full-year outlook despite narrower 1H lossTOKYO : Japan's biggest airline, ANA Holdings Inc, said on Friday a weaker-than-expected first half due to travel curbs meant it now expected to report an operating loss in the current financial year, down from an earlier prediction of a profit.The airline posted a narrower operating loss of 116 billion y
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan's ANA forecasts US$880 million annual net lossTOKYO: Japanese airline ANA on Friday (Oct 29) forecast an annual net loss and said it would eliminate 9,000 jobs, with travel demand slow to recover as the pandemic drags on. The firm said it now expects to see a net loss of 100 billion yen (US$880 million) for the year to March, instead of an earlie
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »