ANA Holdings reported a net profit of ¥51 billion ($453.9 million) for its 2017 fiscal first quarter, nearly an eightfold increase over the company’s  ¥6.6 billion net income for its fiscal 1Q 2016. ANA Group, the parent of All Nippon Airways, attributed its net result to “extraordinary income from the inclusion of Peach Aviation as a consolidated subsidiary” in this fiscal year’s reporting. Low-cost carrier (LCC) Peach Aviation became an ANA ...

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