JAL 1Q net profit down 10.3% on rising costs

Credit: Rob Finlayson
A significant rise in traffic and revenue could not offset higher fuel prices for Japan Airlines (JAL) , with the carrier reporting a drop in net profit for the three months through June 30. JAL group’s net profit for the period—its financial year first quarter—was down 10.3% year-over-year (YOY) to...

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