Japan Airlines Group reports USD755m EBIT loss in Q1FY2021

3 August, 2021

Japan Airlines Group reported (03-Aug-2021) the following financial highlights for the three months ended 30-Jun-2021:

  • Revenue: JPY133.0 billion (USD1.2 billion), +74.1% year-on-year;
    • International passenger: JPY11.2 billion (USD102.3 million), +315.0%;
    • Domestic passenger: JPY38.0 billion (USD347.2 million), +100.8%;
    • Cargo and mail: JPY47.6 billion (USD434.9 million), +79.3%;
  • Operating costs: JPY215.4 billion (USD2.0 billion), +4.7%;
    • Fuel: JPY26.5 billion (USD242.1 million), +36.8%;
  • EBIT (loss): (JPY82.6 billion) (USD754.6 million), compared to a loss of JPY131.0 billion in p-c-p;
  • Net profit (loss): (JPY57.9 billion) (USD529 million), compared to a loss of JPY93.7 billion in p-c-p;
  • Passenger yield:
    • International: JPY11.0 (USD0.10), -19.2%;
    • Domestic: JPY18.9 (USD0.17), -9.0%;
  • Total assets: JPY2107 billion (USD19.3 billion);
  • Cash and cash equivalents: JPY408.3 billion (USD3.7 billion);
  • Total liabilities: JPY1160 billion (USD10.6 billion). [more - original PR]