Japan Airlines posts narrower Q1 operating loss

2022.08.01 09:45

FILE PHOTO: Japan Airlines (JAL) planes are seen at the Tokyo International Airport, commonly known as Haneda Airport, in Tokyo, Japan October 30, 2020. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) – Japan Airlines on Monday posted a narrower 30.2 billion yen ($228 million) operating loss for the first quarter, aided by a recovery in travel demand as pandemic-related restrictions eased. Earnings for the three months to June 30 missed an average 28.5 billion yen operating loss estimated by four analysts, according to Refinitiv data. A year earlier, the company reported a 76.8 billion yen operating loss.

($1 = 132.5300 yen)

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