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ANA expected to report first half loss

29-Oct-2009 11:01 AM

All Nippon Airways (ANA) is reportedly expected to report an operating loss of approximately JPY25 billion (USD276 million) for the six months ended 31-Sep-2009, reversing a profit of JPY49.8 billion (USD549 million) in the previous corresponding period, due to weak demand (Nikkei Business Daily, 28-Oct-2009). It would be ANA’s first operating loss for the first half of a financial year since the carrier commenced publishing interim group earnings in 2000.