ANA reports net loss of 29.2 billion yen for first quarter of fiscal year 2009

ANA Group announced its financial results for the first quarter of the current fiscal year, ending June 30, 2009. Consolidated revenue dropped 21.9% year-on-year to 269.8 billion yen, leading to an operating loss of 42.4 billion yen for the three month period April1 to June 30, despite a fall in costs of 5.6% to 312.3 billion yen. A net loss of 29.2 billion yen was reported.