Pandemic-hit ANA posts record FY 2020 loss, expects return to black ANA Holdings Inc. said Friday it posted a record net loss of 404.62 billion yen ($3.7 billion) in the last fiscal year, hurt by a pandemic-caused slump in travel demand, but it expects cost-cutting efforts to help it return to profitability in the current business year. ANA, the parent of All Nippon Airways Co., reported an operating loss of 464.77 billion yen in the fiscal year ended March 31, as sales plunged 63.1 percent to 728.68 billion yen. Its cost-reduction steps such as canceling flights and scaling back its fleet failed to make up for a plunge of over 70 percent in total passengers amid the COVID-19 crisis, which has hit the global airline industry.