TOKYO -- Japan Airlines posted a consolidated net loss of 286.6 billion yen ($2.6 billion) for fiscal 2020 on Friday, the biggest yearly loss since it relisted in 2012, amid a sharp decline in passengers due to the coronavirus pandemic.
Although the net loss is the group's biggest ever, it still is 14 billion yen less than the company's forecast in February of a net loss of 300 billion yen.
