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Japan Airlines forecasts full-year net loss of $1.28bn

Carrier to cut 2,500 employees by fiscal 2023 to encourage profitability

Japan Airlines has been hit by weak domestic passenger demand due to several states of emergency imposed in the country to deal with the COVID-19 pandemic. (Photo by Karina Nooka) 

TOKYO -- Japan Airlines on Tuesday forecast a net loss of 146 billion yen ($1.28 billion) for the fiscal year ending March 2022, as it struggles to recover from the coronavirus pandemic.

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