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RE:Affected by the epidemic situation, JAL's first loss after bankruptcy and reorganization
"xiaozhou published on 2020-11-03 08:44:36
Japan Airlines reported a loss of 161.23 billion yen (about 10.3 billion yuan) in the first half of 2020 (April to September) and expected annual loss of 240 billion to 270 billion yen (15.4 billion yuan to 17.3 billion yuan), according to its latest financial report released on October 30. This is JAL's first loss since its bankruptcy and restructuring in 2012.JAL's market share is second in Japan, second only to All Nippon Airways."We have seen the serious consequences of the continued impact of the new coronavirus," senior JAL executive Hideki kiyama said at a news conference on October 30Many countries have introduced travel restrictions to prevent and control the epidemic, and people are worried about the epidemic, which has greatly reduced the demand for global air travel. JAL said that in the first half of this year, passengers on international routes decreased by 97.7% year-on-year, while those on domestic routes decreased by 76.1%.JAL has taken a number of measures to cut spending, including wage cuts and advertising costs. In addition, JAL plans to decommission 24 Boeing 777 aircraft and return 5 leased Boeing 737 aircraft by the end of fiscal year 2022.Jushan said JAL's financial situation is "steadily improving.". From July to September, the company lost 67.5 billion yen (4.3 billion yuan), which was lower than that of 93.7 billion yen (6 billion yuan) in the previous quarter.ANA holdings, the parent company of Nippon Airways, Japan's largest airline operator, is expected to lose 510 billion yen (32.7 billion yuan) in fiscal year 2020, the highest loss since its establishment."