The Japan Airlines Group’s net profit dropped 17.5% in the fiscal year ending March 31, although it saw a 2.5% rise in its operating profit for the same period. Despite the decline, JAL still recorded a net profit of ¥135.4 billion ($1.27 billion) for the fiscal year. The drop was mainly the result of deferred taxes from the previous year, the carrier said. Excluding special items, the operating profit increased year-on-year (YOY) to ¥174.5 billion. Group revenue increased ...

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