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JAL Group reports operating profits of $2.3 billion news
20 May 2011

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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JAL Group reports operating profits of $2.3 billion