Japan Airlines Loss of ¥ 22.9 billion for 3 months until last month Corona impact April 30 16:40
Japan Airlines, a major aviation company, recorded a deficit of 22.9 billion yen in the settlement of accounts for the last three months due to the spread of new coronavirus infections and a dramatic decrease in passengers. It is the first time for the three-month financial statements to be in the red since the stock was listed again in 2012 after the bankruptcy.
This is because the number of passengers on both international and domestic flights has dropped significantly due to the entry restrictions of countries around the world affected by the spread of the new coronavirus and the refraining from moving within Japan.
On the other hand, the final year's financial results for the last year were 53.4 billion yen, a significant decrease of 64.6% from the previous year.