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Japanese air carriers report losses
Tokyo, Japan - JAS' profits were down by 58% last year
Full year losses have been reported by two of Japan's leading airlines. Japan Air System said profits were down by 58% last year while All Nippon Airways posted a net loss of JPY 9.46 bn (USD 42m). JAS, which is set to merge with Asia's largest carrier JAL later this year, said that a domestic recession and safety concerns after Septembers's terror attacks, had caused its problems. It expects to remain...
AVIONEWS - World Aeronautical Press Agency - 28750
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency