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ANA faces omicron woes but keeps previous full-year loss forecast

Japan's top airline turned a profit for the first time in eight quarters

Even though ANA passenger demand has dropped so far this year due to the spread of omicron, the company still expects cargo demand to be strong. (Photo by Ken Kobayashi)

TOKYO -- ANA Holdings on Tuesday stuck to its previous forecast of a 100 billion yen ($870 million) loss for the year ending in March, even though the COVID situation in Japan has turned for the worse.

The parent company of All Nippon Airways reported an operating profit for the first time in eight quarters over the October-December period of 100 million yen. ANA said domestic passenger demand had improved significantly in October after the Japanese government lifted a state of emergency.

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