All Nippon Airways (ANA) saw its first-quarter net profit decline 29% to ¥11.4 billion ($104.9 million), compared to ¥16.1 in the year-ago period, partly as a result of higher costs as the airline prepares for a growth phase in 2020. ANA Holdings said net profit for the quarter ending June 30 was “generally in line” with its outlook released in April. As a result, the company has not changed its forecast of a ¥108 billion net profit for the full fiscal year through ...

Subscribe to Access this Entire Article

"ANA 1Q net income drops 29% on growth-planning costs" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.