Japan Airlines Group appears to have made significant progress in its restructuring with a fiscal first-quarter loss of ¥26.7 billion ($233.2 million) set against sharply increased fuel costs, an improvement over the year-ago period's ¥38.3 billion loss. Over the past 12 years JAL typically has posted a loss in the quarter ended June 30. All numbers in the recently completed quarter were positive. Operating revenues were up 3.7% to ¥522.2 billion and international traffic ...

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