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ANA heads for 20% profit drop, struggling to fill business class

Japanese airline also suffers fall in cargo demand for first half

ANA has made investments in new business-class seats, betting on steady demand. (Photo courtesy of ANA Holdings)

TOKYO -- Japanese airline group ANA Holdings is expected to report a year-on-year decline of more than 20% in operating income for the April-September half, suffering a fall in business passengers as corporations tightened their travel budgets.

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