ANA Holdings Inc. said Monday it made a net profit for the six months that ended in September, marking its first black ink in three years, as travel demand rebounded from the COVID-19 pandemic.

The airline posted a net profit of 19.54 billion yen (132 million) for the reporting period, a reversal from a net loss of 98.8 billion yen a year ago.

Operating profit came to 31.45 billion yen, also returning to profitability from an operating loss of 116 billion yen a year earlier. Sales jumped 83.4 percent to 790.72 billion yen.

Based on the improved performance, the company raised its net profit outlook for the current business year through March to 40 billion yen from an earlier projection of 21 billion yen.

Sales forecast were also revised upward at 1.7 trillion yen, up from the previous projection of 1.66 trillion yen.

==Kyodo

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