JAL reports 17.5% net profit drop on deferred taxes

Credit: Rob Finlayson
The Japan Airlines Group’s net profit dropped 17.5% in the fiscal year ending March 31, although it saw a 2.5% rise in its operating profit for the same period. Despite the decline, JAL still recorded a net profit of ¥135.4 billion ($1.27 billion) for the fiscal year. The drop was mainly the result...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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