Amid pandemic, JAL posts biggest loss of $2.6bn since relisting

Airline group aims to return to pre-COVID profit levels by 2023

20210507 JAL

Japan's national air carrier has been hit hard by declining passenger numbers. (Photo by Akira Koda)

NANA SHIBATA, Nikkei staff writer

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.

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