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Article: Japan Airlines Corp. posts interim group net profit of 82.96 billion yen.
- Article from:
- Kyodo News International (Tokyo, Japan)
- Article date:
- November 5, 2004
CopyrightCOPYRIGHT 2004 Kyodo News International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Nov. 5--TOKYO -- Japan Airlines Corp. said Friday it swung into the black, with a group net profit of 82.96 billion yen, in the first half of the current fiscal year, compared with a loss of 57.59 billion yen a year earlier.
JAL attributed the result to diminishing adverse effects of the outbreak in Asia of severe acute respiratory syndrome and other unfavorable business environments as well as stepped-up marketing of flight services to tourists to Asian destinations such as China, Thailand and Bali. It also cited higher unit fares for domestic flights.
In its consolidated earnings report for the April-September period, JAL also booked a pretax profit of ...