JAL Group profit jumps to ¥7.3 billion on decline in costs

JAL Group reported a better-than-fivefold increase in net income for the first half of its fiscal year ended Sept. 30 to ¥7.3 billion ($63.7 million) compared to ¥1.5 billion a year earlier, crediting "cost reforms" such as aircraft downsizing, reduced spending on personnel and the elimination of...

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