Japan’s ANA forecasts a return to profit


Bouncing back: All Nippon Airways (ANA) planes are seen at Tokyo’s Haneda airport. ANA expects domestic passenger numbers to recover this business year. — AFP

TOKYO: Japan’s biggest airline, ANA Holdings Inc, on Friday forecast a return to profit this business year, bouncing back from a record loss on expectations air travel demand will rebound as vaccines contain the coronavirus.

“Based on data from countries where vaccination has progressed, it appears that the spread of Covid-19 can be contained, ” ANA said in its earnings release.

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