JAL Looks To Cut Costs As Demand Slows

Credit: Airbus
Japan Airlines (JAL) is launching a cost-cutting initiative in response to a weaker revenue environment that contributed to a half-year profit decline. The carrier is sticking to its forecast of a net profit of ¥114 billion ($1.1 billion) for its full fiscal year ending Mar. 31, 2020. However, to...

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