JAL sees international flights recovering to 45% of pre-COVID level

Airline forecasts $345m net profit for fiscal 2022, helped by domestic demand

20220506 JAL

JAL has been suffering from weak passenger demand for two years amid the COVID-19 pandemic. (Photo by Yo Inoue)

SHOICHIRO TAGUCHI, Nikkei staff writer

TOKYO -- Japan Airlines (JAL) said Friday that it expects the recovery of international flights to remain at only 45% of their pre-COVID level for this fiscal year, despite the Japanese government's plans to resume accepting foreign tourists.

"I believe that we are now in a phase of strong recovery; there may be some waves, but not as big as last year," said JAL President Yuji Akasaka, who announced on Friday that the company will return to profitability this fiscal year for the first time in three years.

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