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ANA to slash summer bonuses 50% as passenger traffic dwindles

Japan's largest airline expects to save $65m through the move

ANA employees will see about a 5% cut in compensation due to the move.    © Reuters

TOKYO -- All Nippon Airways will cut summer bonuses for rank-and-file employees by 50% in 2020 to cope with plummeting air traffic, it was learned Friday.

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