Japan Airlines net profit falls nearly 65% as virus hits travel
AFP
| 2020/04/30 | 285 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Japan Airlines' annual net profit plunged nearly 65 percent, the company said Thursday, as it faced the "unprecedented" impact of the coronavirus pandemic on aviation demand.JAL said net profit for the fiscal year ending in March fell 64.6 percent to 53.4 billion yen ($500 million) on annual sales of 1.4 trillion yen, down 5.1 percent.The results were largely in line with a profit warning the airline issued last week.JAL said demand had plunged owing to entry bans around the world, the cance...(…)
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