JAL to expand international transport capacity 25% by FY2016: reports
Japan Airlines (JAL) reportedly plans to increase international passenger capacity by 25% by FY2016, according to reports in Mainichi Japan and The Nikkei. JAL is considering expanding transport capacity on international routes to US and European destinations with a particular focus on business passengers. The airline will also reportedly increase the ratio of consolidated operating profit to revenue to 10% or more, and a capital adequacy ratio of 50% or more. JAL also reportedly plans a 3% reduction in domestic passenger capacity.