JAL Group reported net income of ¥13.1 billion ($122.9 million) for its fiscal third quarter ended Dec. 31, reversed from a net loss of ¥10.8 billion in the prior year period, citing "shifting of resources to high-profit routes" and a sharp reduction in personnel costs. Quarterly revenue decreased 4.4% to ¥558.2 billion while expenses lowered 11% to ¥532.3 billion, producing operating income of ¥25.9 billion, reversed from a ¥14 billion operating loss in the ...
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