ANA Group blamed an "unprecedented fall in demand for domestic and international air travel--in particular high-yield business travel," for its first full-year net loss in six years, a ¥4.2 billion ($43.4 million) deficit in the fiscal year ended March 31 that compared to a ¥64.1 billion net profit in 2007-08. Executive VP-Finance Tomohiro Hidema said 2008-09 "was a disastrous year for business in general, with airlines around the world hit by the lack of consumer confidence and ...

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