Skift Take
JAL has dealt with a rash of flight cancellations from the grounding of its Boeing 787 Dreamliners. Although the financial impact has so far been minimal, perhaps keeping them out of service for an extended period will have its public relations and financial impact on the airline.
Japan Airlines, which made a comeback from bankruptcy last fall, says its net profit fell 3.7 percent in the first three quarters of 2012, but the carrier raised its full-year profit estimate despite the impact from its grounded Boeing 787s.
The 140.6 billion yen ($1.52 billion) profit the company reported Monday for April-December compared with 146 billion yen in the same period a year earlier.
Revenues rose 3.6 percent to 942 billion yen ($10.2 billion), but operating costs rose by nearly 5 percent as fuel prices climbed.
JAL was delisted after it filed for one of the country's biggest-ever bankruptcies in 2010, receiving a 350 billion yen gover
