JAL cuts profit forecast more than 40% as virus bites
AFP
| 2020/04/22 | 265 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Japanese Airlines on Wednesday slashed its forecast for annual net profits by 43 percent because of the coronavirus, making it the latest carrier to fly into virus-related turbulence as global tourism plummets.With COVID-19 hammering both domestic and international routes, JAL said net profit for the fiscal year ending in March would be 53 billion yen ($500 million), against an earlier forecast of 93 billion yen.JAL said demand had plunged owing to entry bans around the world, the cancellati...(…)
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