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ANA poised for $960m 1st-half loss as COVID recovery lags

Monthslong state of emergency hampered recovery in Japanese aviation

An All Nippon Airways aircraft at Haneda Airport in Tokyo: Months of coronavirus-related curbs have weighed on Japan's aviation sector.   © Reuters

TOKYO -- All Nippon Airways parent ANA Holdings is expected to book an operating loss of roughly 110 billion yen ($968 million) for the April-September half, as Japan's aviation sector struggles to rebound amid the coronavirus pandemic.

Though this figure represents an improvement from the 280.9 billion yen loss a year earlier, the air transport group has been slow to recover compared with its leading U.S. rivals, which returned to profit in the July-September quarter.

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