TOKYO (dpa-AFX) - JAL Group (JAPSY.OB) reported that its nine-month net income declined to 119.6 billion yen from 123.5 billion yen in the previous year.
But, operating income was 138.2 billion yen, up from 137.4 billion yen last year.
Operating revenues for the period rose to 1022.3 billion yen from 989.9 billion yen in the year ago period.
Looking for the fiscal year ending March 31, 2015, the company now expects net income to be 139.0 billion yen, Operating Income of 167.0 billion yen and Operating revenues of 1.342 trillion yen.
Previously, the company expected the company now expects net income of 135.0 billion yen, Operating Income of 158.0 billion yen and Operating revenues of 1.340 trillion yen.
Consolidated revenue for the full fiscal year is expected to increase by 2 billion yen from the previous forecast due to an increase in cargo revenue, etc., while consolidated operating expenses are expected to decline by 7 billion yen owing to falling aviation fuel prices and rigorous cost reduction initiatives continuing into the second half of the fiscal year, and so on.
Copyright RTT News/dpa-AFX