JAL Group reports operating profits of $2.3 billion
20 May 2011
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In a brief statement the JAL Group reported a consolidated operating profit of ¥188.4 billion ($2.3 billion) and operating revenues of ¥1.36 trillion for the 2010-11 fiscal year, ended 31 March.
Japan Airlines posted an operating profit of ¥147.7 billion and operating revenue of ¥1.14 trillion for the 20010-11 year. Net figures and results for the last fiscal year were not supplied, but JAL lost ¥649.5 million in its fiscal year ended 31 March 2009.
It filed for creditor protection in January 2010 and emerged from its court-monitored bankruptcy restructuring in March 2011. It was deeply impacted by the 11 March earthquake, tsunami and nuclear disaster.
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