Japan Airlines Group appears to have made significant progress in its restructuring with a fiscal first-quarter loss of ¥26.7 billion ($233.2 million) set against sharply increased fuel costs, an improvement over the year-ago period's ¥38.3 billion loss. Over the past 12 years JAL typically has posted a loss in the quarter ended June 30. All numbers in the recently completed quarter were positive. Operating revenues were up 3.7% to ¥522.2 billion and international traffic ...

Subscribe to Access this Entire Article

"JAL narrows losses, forecasts modest full-year profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.