Japan Airlines reported a steep ¥99 billion ($1.04 billion) net loss for its fiscal first quarter ended June 30, dramatically widened from a ¥3.4 billion loss in the year-ago period, and announced "drastic adjustments" to its international flight network. The carrier said that operating conditions in the quarter were "starkly harsher" than the prior-year quarter, pointing to "significantly down" first and business class traffic and the swine flu scare. "The reduction in fuel ...

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