Japan’s All Nippon Airways (ANA) posted a third-quarter fiscal net profit of ¥13.2 billion ($125.4 million), down 2% from the year-ago quarter, ending Dec. 31, 2013. Third-quarter revenues were ¥414.3 billion, up 35.4% year-over-year, while expenses were up 41.9% to ¥388.6 billion, producing an operating profit of ¥25.7 billion, down 6.4% from the third quarter 2012. According to a company statement, the main reason for the increase in operating expenses was a rise ...

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