Sale of its hotel assets propelled ANA Group to a record consolidated net profit of ¥105.5 billion ($920.1 million) on record revenue of ¥763.2 billion, up 1.4% year-over-year, for the fiscal semester ended Sept. 30. Net profit jumped 217% but operating profit fell 2.5% to ¥67 billion on the rising cost of jet fuel and, ironically, the loss of income from the hotel business (ATWOnline, April 16). Despite a ¥12 billion rise in costs mainly attributable to fuel, operating ...

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