Japan Airlines parent JAL Group reported net income for its fiscal first half ended Sept. 30 of ¥36.6 billion ($373.4 million), a more than fivefold increase from ¥7.3 billion in the year-ago period, crediting aircraft downsizing, route restructuring, cost cutting and new premium product strategies on international routes. JAL pointed to a 4% year-over-year reduction in expenses to ¥1.04 trillion even though fuel costs rose "significantly" as a key reason it increased ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.