Japan Airlines narrows H1 loss on cost cuts, forecasts annual loss

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The prior year, Japan’s second-largest airline had reported a loss before interest and tax of 223.9 billion yen in the six months ended Sept. 30.

JAL forecast it would report a full-year loss before interest and tax of 198 billion yen, having previously said the outlook was too uncertain to provide guidance.

($1 = 113.6800 yen)