ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

JAL set for $2.2bn loss in 2020 for first deficit since relisting

Dismal prospects forecast despite uptick in domestic flights

JAL's weak performance comes even as a slight recovery in domestic flights has narrowed recent deficits.   © Reuters

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more