Air Transport World

All Nippon Airways.(Asia/Pacific report)(Brief Article)

All Nippon Airways had a consolidated net profit of [yen] 24.7 billion ($223.5 million) for the fiscal year ended March 31, dramatically improved versus a [yen] 28.2 billion loss in the prior fiscal year. Operating profit totaled [yen] 34.3 billion on revenues of [yen] 1.21 trillion. The airline said the improved results were primarily a result of its three-year cost-reduction plan implemented during the year that more than offset the impact of SARS and the war in Iraq. …

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