Japan Airlines (JAL) has reported a first-quarter net income of JPY26.9 billion ($343.5 million), more than twice the net income of JPY12.7 billion in the year-ago quarter. The company said strong yen and good demand lifted its balance sheet. JAL’s first reporting period for fiscal year 2012 runs from April 1-June 30. Consolidated operating revenue increased 12.5% to JPY286.7 billion against a 7.4% increase in operating expenses to JPY255.3 billion.  “Robust demand ...

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