Japan Airlines forecasts further profit decline

Credit: Rob Finlayson
Japan Airlines (JAL) reported a net profit of ¥164.1 billion ($1.5 billion) for fiscal 2016 through March 31, down 6% compared to net profit of ¥174.4 billion in the previous year . Revenue was 3.6% lower, and costs were down 0.8%. International capacity increased 0.1%, while domestic capacity...
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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