Japan Airlines Recorded A Loss of 120 Billion

The performance of airlines is getting tougher. It seems that Japan Airlines recorded a loss of 120 billion yen in its main business in the April-June 2020 period (a 21 billion yen surplus in the same period of the previous year). The quarterly deficit amount will be the largest since relisting in 2012. The number of passengers has decreased sharply due to the spread of the new coronavirus.

With the new Corona, movement is suppressed not only internationally but also domestically, and sales seem to have decreased by 80% from the same period of the previous year to around 75 billion yen. The international operating rate is 12% in April…

 

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Japan Airlines recorded a loss of 120 billion yen in its main business in the April-June 2020

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