Tag: Japan’s All Nippon Airways

Japan’s ANA cites terrorism as Q1 net profit tumbles

TOKYO, Japan (AFP) — The parent company of Japan’s All Nippon Airways on Wednesday cited “terrorist incidents” in Europe and earthquakes at home for helping drag its April-June net profit down more than a fifth. ANA Holdings posted net profit of 6.6 billion yen ($65.8 million) for its fiscal first quarter, 20.7 percent lower than the same period last year, adding that a strong yen also took a bite out of its bottom line. The […]