ANA Group reported a net profit of ¥22 billion ($224 million) for its fiscal first half ended Sept. 30, a 79.1% drop from ¥105.5 billion in the year-ago period. It blamed the fall on "declining passenger numbers" and high fuel costs and pointed out that last year's result was "boosted beyond normal levels by an extraordinary gain on the sale of ANA's hotel properties." Executive VP-Finance Tomohiro Hidema said the profit decline reflected a "challenging operating environment," ...

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