JAL cites seasonal factors in quarterly loss, reworks schedule

JAL Group recorded a net loss of ¥38.3 billion ($341.7 million) for its fiscal first quarter ended June 30, improved slightly from a net loss of ¥40.7 billion in the year-ago period. Total operating revenue was up 5% to ¥503.3 billion but operating expenses totaled ¥535.4 billion, resulting in an...

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