Air Transport World

Japan Airlines Corp.(ASIA/PACIFIC Report)(financial results)(Brief article)

Japan Airlines Corp. narrowed its net loss for the fiscal year ended March 31 to [yen]16.2 billion ($135.1 million) from [yen]47.2 billion in the prior year, although the bottom line was hurt by the removal of a [yen]54.4 billion deferred tax asset from the balance sheet and an extraordinary loss of [yen]6 billion from a special early retirement program launched in March.

JAL credited network restructuring, cost-cutting and rising yields from international premium traffic for its reversal of operating fortune as it reported a [yen]22. …

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