JAL Group posts net loss of 93.7 billion JPY for the 1st quarter of FY2020, expecting around 40% less full-year passenger revenue
JAL ended the 1st quarter of FY2020 ended Kune 30 2020 with net loss of 93.7 billion JPY due to unprecedented cancellations and reductions of flights amid the COVID-19 crisis, expecting passenger revenue will reduce by 55% to 65% for the full fiscal year.
AB-ROAD Research Center survey shows that ANA and JAL sweep the passenger satisfaction in all categories as well as overall. Singapore Airlines is ranked 3rd overall, dropping from 1st last year.
Expecting to pick up domestic travel demand in this summer, JAL will resume its domestic flights to 66% of the original plan between July 17 and 31 2020.
Japanese airlines suffer from catastrophic reductions in passengers during this year’s Golden Week period under state of emergency declaration
All of the Japanese airlines resulted in catastrophic reductions in passengers during the Golden Week holiday period, considerably affected by state of emergency declaration related to COVID-19.
JAL results in 65% reduction in net profit for FY2019, putting off financial forecast announcement for FY2020
JAL announced its consolidated financial results for FY2019 ended March 31 2020, posting large reductions in revenues and profits due to the unexpected impact of COVID-19 in the fourth quarter.
Hit by large reduction in passenger demands, ANA and JAL revise downward their FY2019 financial outlook
ANA and JAL have revised downward financial outlooks for FY2019 ended March 31 2020 because they have unexpectedly hit by COVID-19.
Airlines of Japan suffer from unprecedented slumps in passengers during this year’s Golden Week period under the state of emergency declaration
All of Japanese airlines unprecedentedly decrease passenger demands during this year’s Golden Week holiday period under the COVID-19-related state of emergency declaration.