What lies ahead for loss-making Japan Airlines?

Japan Airlines posts a record loss, while US suitors American Airlines and Delta continue to circle.

Amid a storm of speculation over its future, Japan Airlines JAL announced dismal first-half results as it entered out-of-court mediation with its creditors over its multi-billion dollar debt burden.

JAL announced a 95.7 billion $1.1 billion operating loss last Friday for the first half of this financial year which ended September 30. That's down a whopping 417% from a year earlier when it posted an operating profit of 30.2 billion. Even JAL's chief financial officer Yoshimasa Kanayama...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES