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Japan Airlines net profit falls by more than 40% on high fuel prices, currency movements
November 3rd 2026
JAL Group has reported net profit of 39 billion yen (US $247 million) for the six months to September 30 2026, down 42% from 67.6 billion yen in the same six-month period in 2025. Read More » Revenue rose 11.7% to 1.1 trillion yen, while operating costs were 16.5% higher at 1.04 trillion yen, JAL said in a regulatory filing. "Surging fuel prices and the persistent depreciation of the yen led to a sharp increase in fuel expenses," JAL said. "Despite this business environment, international passenger sales performed well and achieved a significant year-on-year increase in unit revenue. Domestic passenger sales also progressed steadily, with unit revenue growing substantially year-on-year." The airline group, which includes Japan Airlines, Spring Japan and Zipair, said its full year earnings guidance was unchanged, with net profit forecast to about 110 billion yen for the 12 months to March 31 2027, about 20% below the 137.6 billion yen net profit achieved in the prior fiscal year.
