Japan Airlines (JAL) achieved a profit of ¥71.4 billion ($680 million) for the six months through Sept. 30, down 31% compared to the previous year. Revenue dropped 5.2% for the fiscal first half, overtaking the cost decline of 1.5%. The international division saw the largest revenue drop of 9.6%, with the decline attributed to reduced fuel surcharges and a rise in the value of the yen. Domestic revenue fell 1.3%, with the earthquakes near Kumamoto in April reducing demand on some ...

Subscribe to Access this Entire Article

"Japan Airlines 1H profit slips on revenue pressure" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.