Japan Airlines (JAL) has raised its annual net profit to ¥174.4 billion ($1.6 billion) for the year through March 31, compared to a profit of ¥149 billion in the prior year. The Japan flag carrier’s profit gain was 17.1% in the 2015/2016 financial year, with operating revenue dropping 0.6%. Another strong result is projected for the year through March 2017 with a forecast net profit of ¥192 billion. JAL raised its international capacity 1.3% for the 2015/2016 year, and ...

Subscribe to Access this Entire Article

"Japan Airlines forecasts further profit growth" 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.