JAL Full-Year Profits Hit By Pandemic, Political Disputes
Credit: Joe Pries
Japan Airlines (JAL) saw its profit drop sharply for the fiscal year ending March 31 because of the COVID-19 pandemic and international political tensions that weighed heavily on demand and revenue. The carrier’s net profit for fiscal 2019 decreased by 65% year-on-year (YOY) to ¥53.4 billion ($501...
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