ANA Holdings Inc. on Wednesday reported a record net loss of 108.82 billion yen ($1 billion) in the April-June quarter, as the novel coronavirus outbreak sharply reduced demand for air travel.

The parent company of All Nippon Airways Co. said it posted a group operating loss of 159.07 billion yen in the three months through June, plunging from 16.17 billion yen in profit a year earlier. Revenue tumbled 75.7 percent to 121.61 billion yen.

The company did not provide an earnings forecast for the business year ending in March, citing uncertainty in its business environment due to the virus pandemic.

==Kyodo

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