Japan Airlines Keeps Full-Year Profit Forecast After Second-Quarter Earnings
Japan Airlines reported second-quarter profit of ¥57.4 billion and kept its full-year profit forecast unchanged.
FlyMarshall Newsroom1 min read
Photo: FlightGlobal
Japan Airlines reported second-quarter profit of ¥57.4 billion, down 10.5% from a year earlier. The airline kept its full-year profit forecast unchanged.
Key details
- Fuel expenses increased by 37%; the comparison period was unspecified.
- Japan Airlines maintained its full-year profit forecast.
Japan Airlines reported second-quarter profit of ¥57.4 billion.
Why it matters
The results show how higher fuel expenses coincided with lower quarterly profit while Japan Airlines retained its full-year forecast. The fuel-cost increase gives passengers and aviation professionals a concrete measure of a major airline expense affecting the reported quarter.
What happens next
Japan Airlines’ full-year forecast remains in place as it moves through the rest of the financial year. What will the airline report in its next quarterly results?
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