ANA says full-year profit surges 53.1%

All Nippon Airways said Tuesday that its fiscal year net profit soared 53.1 percent, as cost-cutting and a boost in demand for international travel helped it shrug off its Dreamliner woes.

ANA said it earned 43.1 billion yen ($441 million) in the year to March, up from 28.1 billion yen a year earlier, while it said it expected to earn 45.0 billion yen in the current fiscal year.