Air Transport World

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

Kicking off the 7E7 program in May with an order for 50 worth $6 billion, ANA jumped in after a better-than-expected net profit of almost [yen] 25 billion ($225 million) for the fiscal year ended March 31, a dramatic improvement versus a loss of more than [yen] 28 billion in the previous year. A three-year cost-reduction plan to slash [yen] 30 billion in annual costs by the end of FY05, launched during the year, was credited for the improved results. …

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