Downward revision of JAL earnings forecast Final profit fell 43% of forecast 15:39 April 22
Japan Airlines, a major airline, was affected by the spread of the new coronavirus and revised its forecast for the whole group for the past year to last month, and the final profit was 43 billion yen from the previous forecast of 93 billion yen. Announced that it will decrease by 53% to 53 billion yen.
The reason is that the company said that due to the restrictions on entry into countries around the world due to the spread of infection and the refraining from going out in Japan, demand for both international and domestic flights has dropped sharply since February.