Japan Airlines reports 55% profit drop for June quarter
Credit: Rob Finlayson
Japan Airlines (JAL) saw its net profit decline 55% to ¥14.7 billion yen ($143.6 million) in the three months through June 30, partly because of earthquakes in Kyushu and weakness in many global markets. Revenue fell 4.8% to ¥297.2 billion during the fiscal first quarter, and operating profit was...
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