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Japan Airlines Net Profit Plummets 42% Amid Rising Fuel Costs

Japan Airlines reported a 42.2% drop in net profit for April‑September, driven by soaring fuel prices and a weaker yen, while revenue grew but passenger numbers slipped.

By SnapScopeSource: english.news.cn1 min read

In brief

Japan Airlines' April‑September net profit fell 42.2 percent to 39.07 billion yen, even as revenue climbed 11.7 percent to 1.10 trillion yen. Higher fuel costs and a weaker yen pushed operating expenses up 16.5 percent. Passenger revenue rose but international and domestic passenger counts fell slightly. The carrier’s full‑year forecast remains at 110 billion yen, down 20 percent from last year.

Japan Airlines said on Monday that its net profit for the April‑September period dropped 42.2 percent from the year‑earlier to 39.07 billion yen (about $247 million), according to a Xinhua report.

Revenue rose 11.7 percent to 1.10 trillion yen, but fuel expenses climbed 16.5 percent year‑on‑year to 1.038 trillion yen, as soaring fuel prices and a weaker yen increased operating costs.

International passenger revenue grew 16 percent to 426.6 billion yen, while domestic passenger revenue increased 5.8 percent to 319.7 billion yen; but the number of international passengers fell 3.1 percent to 3.86 million and domestic passengers dropped 2.2 percent to 18.70 million.

Japan Airlines still expects a full‑year net profit of 110 billion yen, a decline of 20.1 percent from the previous year, and revenue of 2.1 trillion yen, up 4.1 percent, for the fiscal year ending March 2027.

With the lower forecast, the airline may face tougher times in investing in new aircraft or improving services, highlighting how fuel price swings can shape the industry.

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