Only the COLOR is the SAME. In 1996, All Nippon Airways, "Japan's second airline," operated 17 550-seat domestic 747SR-100s and flew through clouds of red ink to a host of international destinations to try and match rival Japan Airlines. Today, ANA is at the cutting edge of aircraft efficiency and flies only where it can make money, as it has done in each of the past three fiscal years. The difference? Focuswhich is the best way to explain the carrier's dramatic transformation into a ...

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