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US$ 1 billion loss for Japan Airlines

Tokyo, Japan - In the second quarter of 2009

Record loss announced today by Japan Airlines (JAL) for the second quarter of 2009. The negative result in fact has been of US$1 billion (99 billion Yen), more than the total loss for the entire year 2008. The reason of this fall is the slump in demand due to the crisis of air traffic, but in particular the fear caused by the swine flu. Within its restructuring plan, that aims to recover about US$557...

AVIONEWS - World Aeronautical Press Agency - 1108197

AVIONEWS - World Aeronautical Press Agency
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