TOKYO -- Japan Airlines is expected to report a consolidated net loss of 230 billion yen ($2.2bn) for the year ending March amid the coronavirus pandemic and a collapse in air travel, Nikkei learned on Tuesday.
This compares with a 53.4 billion yen profit last year.
The dismal prospect comes even as deficits have started narrowing in recent quarters, thanks to a gradual recovery in domestic flights.
JAL is expected to publish its forecast when it releases half-year results on Friday.
It is difficult to compare this year's results with those of the past, as the company switched to international accounting standards starting in fiscal 2020.
A net loss would be the first since the company relisted on the stock exchange in 2012.