Japan Airlines parent JAL Group's strategy of focusing on high-yield business traffic appears to be paying dividends, evidenced by a narrowed fiscal first-quarter net loss of ¥4.2 billion ($36.8 million) for the three months ended June 30, a strong improvement over a ¥26.6 billion net loss in the year-ago quarter. The result was achieved on revenue of ¥520.6 billion, a 0.3% decline attributed to the removal of trading company JALUX from the group's figures. Airline operations ...

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