All Nippon Airways Holdings (ANA) reported a ¥98.8 billion ($889 million) net profit for fiscal 2016, up 26.4% from net profit of ¥78.1 billion in the previous year. ANA expects another strong performance in the current fiscal year, as it projects net profits to reach ¥125 billion. Group revenue for fiscal 2016 declined 1.4%, because of the effect of the appreciation of the yen on foreign sales, and reduced fuel surcharges. However, this was more than offset by a 2.1% decline in ...

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