A significantly improved operating result helped Japan Airlines Corp. narrow its net loss for the fiscal year ended March 31 to ¥16.2 billion ($135.1 million) from ¥47.2 billion in the prior year, although the bottom line was hurt by the removal of a ¥54.4 billion deferred tax asset from the balance sheet and an extraordinary loss of ¥6 billion from a special early retirement program launched in March. JAL credited network restructuring, cost-cutting and rising yields ...

Subscribe to Access this Entire Article

"JAL targets FY07 profit after improved full-year performance" 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.