SARS-hit JAL Group posts net loss for first quarter


  • Business
  • Saturday, 02 Aug 2003

TOKYO: Japan Airlines System Corp (JAL Group), Asia’s biggest airline, reported yesterday a quarterly net loss, battered by weak passenger demand on international flights due to SARS and the war in Iraq. 

The airline's international operations took a heavy blow from the Iraq war and the SARS outbreak at a time when commercial air traffic was just recovering from its depressed levels after the Sept 11, 2001, terror attacks on the United States. 

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