JAL quarterly profit rises 32.9pc
Japan Airlines (JAL) yesterday reported a jump in quarterly net profit thanks to brisk sales, and revised its full-year forecast upward. JAL received a government bailout after a bankruptcy restructuring in 2010. The carrier relisted on the Tokyo bourse two years later and has continued a steady ascent. JAL said its net profit rose 32.9 per cent to 19.6 billion yen (RM757.5 million) for the three months to June. Revenue for the April-June period increased 5.9 per cent to 314.8 billion yen.