Airline

ANA profits down due to currency and fuel

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ANA profits down due to currency and fuel

The high cost of fuel and the impact of the weak Yen caused All Nippon Airlines profit to fall by 38% to JPY 65.9bn during fiscal year 2013. Fuel costs increased by JPY66 billion (USD650 million). Landing and navigation charges grew by 5.9%, less than ASK growth and despite these being impacted by f...

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