All Nippon Airways (ANA) has raised '41 billion ($477 million) from the sale of nine aircraft and real estate. The financially troubled Japanese carrier has sold and leased back three Boeing 747-100SRs and six 767-200s for '21 billion. ANA lost '2.9 billion in 1994 and predicts zero profit for its 1994/5 financial year to the end of March.

Source: Flight International