Japan Airlines announced its consolidated results for the first three quarters covering the period from April 11 to December 31 in fiscal year 2009. The resulting net loss is 177.9 billion yen compared to the previous year’s net loss of 176.0 billion yen. Although operating expense was reduced by 19.3 percent to 1,265.6 billion yen year-on-year, operating revenue further declined by 26.6 percent to 1,144.8 billion yen, thus exceeding the rate of decline in operating expense. The international passenger business division, in particular, suffered a substantial decrease of 41.0 percent year-on-year to 336.3 billion yen in terms of operating revenue, resulting in an operating loss of 120.8 billion yen (111.9 billion yen loss in 2008) and an ordinary loss of 153.3 billion yen (127.7 billion yen loss in 2008).

The number of international passengers carried by JAL during the first three quarters declined by 8.2 percent to 8,159,881 and consequently revenue passenger kilometers (RPK) fell by 8.6 percent. However, since capacity, as measured by available seat kilometers (ASK), was reduced by 13.2 percent, its average seat load factor rose by 3.5 percentage points to 69.3 percent. Meanwhile, the number of its domestic passengers transported dipped by 11.0 percent to 28,415,288, posting a 10.8 percent decrease in terms of RPK, revenue passenger kilometers. The average seat load factor came to 59.8 percent, down by 4.9 percentage points, as ASK, available seat kilometers, were reduced by 4.5 percent.

The airline declined to comment on its future outlook as it is still formulating the rehabilitation plan.


(Note: This article translated from Japanese into English)