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1-Nov-2017 7:14 AM

Japan Airlines Group operating profit increase 7% in H1FY2017, raises full year forecast

Japan Airlines Group reported (31-Oct-2017) the following financial highlights for six months ended 30-Sep-2017:

  • Operating revenue: JPY692.3 billion (USD6229 million), +6.2% year-on-year;
    • Domestic passenger: JPY265.0 billion (USD2384 million), +4.6%;
    • International passenger: JPY229.3 billion (USD2063 million), +7.6%;
    • Cargo and mail: JPY43.0 billion (USD386.9 million), +14.8%;
  • Operating costs: JPY593.2 billion (USD5337 million), +6.0%;
    • Fuel: JPY101.9 billion (USD916.8 million), +2.9%;
  • Operating profit: JPY99.0 billion (USD890.7 million), +7.2%;
  • Net profit: JPY77.9 billion (USD700.9 million), +9.2%;
  • Passengers: 21.4 million, +5.1%;
    • Domestic: 17.2 million, +6.4%;
    • International: 4.2 million, -0.1%;
  • Passenger load factor: 77.3%, +2.3 ppt;
    • Domestic: 72.0%, +4.0ppt;
    • International: 81.1%, +1.0ppt;
  • Total assets: JPY1787 billion (USD16,077 million);
  • Cash and deposits: JPY414.2 billion (USD3726 million);
  • Total liabilities: JPY731.1 billion (USD6578 million);
  • FY2017 forecast:
    • Operating revenue: JPY1366 billion, compared to previous forecast of JPY1348 billion;
    • Operating profit: JPY166 billion, compared to previous forecast of JPY153 billion;
    • Net profit: JPY121 billion, compared to previous forecast of JPY108 billion. [more - original PR - English/Japanese]

*Based on the average conversion rate at JPY1 = USD0.008997 for six months ended 30-Sep-2017

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