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Japan's ANA lifts forecast of FY unconsolidated net profit to 30 bln yen

Analysis

Tokyo (XFN-ASIA) - All Nippon Airways Co Ltd (ANA) has raised

its forecast of unconsolidated net profit for the fiscal year ended March 31

to 30 bln yen from 19 bln yen after taking into account the planned sale of

its domestic hotels to Morgan Stanley, the airline said.

But it said it had left unchanged its forecasts of revenue of 1.29 trln yen, operating profit of 74 bln yen and current profit of 44 bln yen.

The company issued no new forecast of consolidated profit, but said that it would do so once it had completed its calculations.

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