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ANA and Singapore Air suffer record quarterly losses as travel plunges

Airlines cut costs and fleets as future remains uncertain

ANA and Singapore Airlines reported on Wednesday big losses for the three months through June. (Source photos by Rie Ishii and Takuya Imai)

TOKYO/ SINGAPORE -- ANA Holdings and Singapore Airlines had their most torrid quarter between April and June, no thanks to the coronavirus pandemic, the airlines reported on Wednesday.

ANA Holdings made a net loss of 108 billion yen ($1 billion) in the three months to end-June, its worst-ever quarterly results, the Japanese carrier said. Meanwhile, Singapore Airlines reported a net loss of 1.12 billion Singapore dollars ($810 million) for the same period.

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