ANA returns to the black in Q3

  • Business Premium
  • Thursday, 05 Feb 2004

TOKYO: All Nippon Airways (ANA), Asia’s No. 2 airline by revenues, has returned to the black in the latest quarter, lifted by cost cutting and a post-SARS rebound in passenger traffic. 

For the three months to Dec 31, 2003, ANA recorded a group net profit of 6.93 billion yen (US$65.71mil), compared with a net loss of six billion yen in the equivalent period a year earlier. 

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