However demand was robust from Japan to China and South East Asia after the introduction of 767 freighters.

The segment from Japan to Europe improved due to better use of passenger aircraft.

Personnel Costs

JAL’s staff restructuring program implemented under the ambit of the Medium-term Corporate Revenue Plan reduced costs by 14.9 billion yen from a year ago. Under the program, the company is cutting summer and winter bonuses of staff and is also offering early retirement programs.

Outlook

Japan Airlines Corp forecasted operating revenues for the year through March 31st will fall to 2.2 trillion from 2.3 trillion last year on the on-going restructuring program.

Full-year net income is expected to increase to 7 billion yen from a loss of 16.2 billion yen a year ago.

Furthermore, operating income is expected to advance from 22.9 billion yen a year ago to 48 billion yen.

Revenues from international passengers is expected to jump from 724.8 billion yen a year ago to 744.5 billion yen and revenues from domestic passengers is expected to increase to 689 billion yen from 675.6 billion yen.