Japan Airlines (JAL) reported net income of JPY119.6 billion ($1 billion) for the nine months ended Dec. 31, 2014, down 3.1% from JPY123.5 billion in the same period in the previous financial year. The airline said that, although the Japanese economy was recovering slowly, consumer spending was weaker and the Japanese yen was sharply down against the dollar. Operating revenues for the period were up 3.3% year-on-year, breaking through the JPY1 trillion mark, with operating expenses up 3.7% ...

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