Japan Airlines slashes capacity to improve profits

Monday, 03 Aug, 2011 0

Japan Airlines has announced first quarter profits of 12.7bn Yen (£100m) despite a 40% drop in international traffic following the tsunami earlier this year.

The cash-strapped airline has carrier has slashed its capacity by almost 30% compared with the same period last year to improve its profitability by suspending unprofitable routes at the end of last year and retiring all its Boeing 747-400 from March.

As part of its plan to downsize, the airline also retired its fleet of domestic Airbus A300-600 aircraft in May.
 



 

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Linsey McNeill

Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk



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