Japan Airlines now expects to report a ¥63 billion ($651.3 million) loss in its fiscal year ended March 31, nearly double the ¥34 billion it forecast in February, owing to a "relentless" decline in global demand. "Premium travel out from Japan slid against the backdrop of continuous cost-cutting measures by companies in this economic situation," the company said, adding that increasing outbound leisure demand was offset by a strong yen that "eroded both business and leisure demand ...

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