Japan Airlines yesterday revised down its earnings forecast for its 2006 fiscal year ended March 31 to a net loss of ¥16.2 billion ($135.5 million), significantly changed from a February forecast of a net profit of ¥3 billion for the 12 months. The company said in a statement that the alteration was "primarily due to deferred tax asset adjustments to its balance sheet and an extraordinary loss resulting from a special early retirement program JAL launched in March 2007. JAL has ...

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