JAL raises earnings forecast but China spat weighs


TOKYO: Japan Airlines (JAL) raised its full-year profit forecast to US$1.74bil as the carrier, which only exited bankruptcy last year, released its first results since re-listing on the Tokyo stock market.

The airline whose collapse was one of Japan's worst-ever corporate failures said that net profit would rise to 140 billion yen (US$1.74bil) in the year to March as it cut costs and enjoyed heavy demand for new international routes.

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