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Japan airline ANA forecasts record $4.8 bln loss for virus-blighted year

TOKYO, Oct 27 (Reuters) - ANA Holdings Inc, Japan’s biggest airline, on Tuesday forecast a record operating loss of 505 billion yen ($4.82 billion) for the year to March, after coronavirus-related travel restrictions forced it to cancel flights and ground aircraft.

The figure compared with an average loss forecast of 365 billion yen based on 10 analyst estimates compiled by Refinitiv.

ANA reported an operating loss of 280.95 billion for the six months ended Sept. 30 compared with a 78.8 billion yen profit in the same period a year earlier. ($1 = 104.7000 yen) (Reporting by Tim Kelly; Editing by Christopher Cushing)

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