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The Flux Daily

Japan Airlines' April‑September Net Profit Declines 42.2% Amid Rising Fuel Costs

Japan Airlines reports a 42.2% drop in quarterly net profit, citing soaring fuel prices and a weaker yen, while revenue rises and passenger traffic shrinks.

By The Flux DailySource: english.news.cn1 min read

In brief

Japan Airlines recorded a 42.2 % year‑on‑year decline in net profit for the April‑September period to 39.07 billion yen, driven by higher fuel costs and a depreciating yen. Revenue grew 11.7 % to 1.10 trillion yen, with international passenger revenue up 16 % despite a 3.1 % fall in passengers. The airline keeps its fiscal‑year 2027 profit forecast at 110 billion yen, a 20 % drop from 2026.

Japan Airlines (JAL) announced on Monday that its net profit for the April‑September period fell 42.2 percent from a year earlier to 39.07 billion yen (about $247 million), according to a statement released by the carrier in Tokyo.

Despite the profit decline, JAL said its revenue grew 11.7 percent to 1.10 trillion yen in the first half of the business year, reflecting stronger overseas sales and higher domestic ticket prices.

The sharp increase in fuel prices, coupled with a continuous depreciation of the yen, pushed JAL’s fuel expenses to a record level; operating expenses rose 16.5 percent year‑on‑year to 1.038 trillion yen, the carrier noted.

International passenger revenue climbed 16.0 percent to 426.6 billion yen, while domestic passenger revenue grew 5.8 percent to 319.7 billion yen, underscoring a differential impact on the two segments.

Nevertheless, the number of passengers traveled by JAL fell, with international passengers down 3.1 percent to 3.86 million, and domestic passengers down 2.2 percent to 18.70 million, the airline said.

For the current fiscal year ending March 2027, JAL maintained its full‑year profit forecast at 110 billion yen, down 20.1 percent from 2026, while projecting revenue of 2.1 trillion yen, up 4.1 percent.

Key uncertainties remain. JAL has not yet indicated whether its profit forecast will hold if fuel costs continue to climb or if domestic passenger growth resumes; the company’s future performance will depend on how these variables evolve over the remaining months of the fiscal year.

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