In an interview with The Wall Street Journal (Japanese, English), Japan Airlines (JAL) President Yoshiharu Ueki discussed about the effects of the recent dispute between China and Japan on the airline. Although he expects the demand on the China routes to remain affected in the next 6 months, JAL full-year target will not be affected at all thanks to robust demand on the US and European routes.

We knew Japan Airlines (JAL) is going to has an operating profit this quarter because JAL President told the press about it last month during the monthly press conference. We just didn't know how much. And they finally reveal it today! JAL made a 12.7 billion yen net profit and 17.1 billion yen operating profit in the first quarter of fiscal year 2011! And guess what? Although All Nippon Airways (ANA), JAL's direct competitor, had a much lower drop in passenger numbers than JAL, they still saw an 8.4 billion yen loss :p Below are some highlights of the first quarter results.

As promised, Japan Airlines has released its consolidated result for April-December 2009 today. JAL reported a loss of 177.9 billion yen in the first three quarters of fiscal year 2009. Below are the highlights of the result.