Japan Airlines, a major aviation company, revised its earnings forecast for 2021 last year downward, revealing that the final deficit is expected to be 177 billion yen.
The main reason for this was that the number of domestic passengers was significantly lower than expected due to the spread of the Omicron strain of the new coronavirus.
Japan Airlines announced that it will revise the group-wide earnings forecast for the last year until the end of last month.
As sales decrease from the previous forecast of 76.6 billion yen to 682 billion yen, the final deficit is expected to increase from the previous forecast of 146 billion yen to 177 billion yen.
If it actually goes into the final deficit, it will be the second consecutive year.
Due to the spread of the Omicron strain of the new coronavirus, priority measures such as prevention of spread were applied to many prefectures from January to last month, and the main reason was that the number of domestic passengers was significantly lower than expected.
In the aviation industry, ANA Holdings is also facing a difficult business environment, with the group's overall financial results expected to reach a final deficit of 100 billion yen last year.