Japan LCC Peach profits down; new Sapporo Chitose hub to open in FY18

Credit: Joe Pries
Japanese LCC Peach is reporting its fifth consecutive fiscal year net profit, although profits were down from the previous year. The airline reported a net profit of ¥3.7 billion ($33.7 million) for the 12 months through March 31, which was its 2017 fiscal year. This total declined 24.6% year-on...

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