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JAL reports operating profit in nine months to Dec-2010, may relist by end of 2012

10th February, 2011

JAL Chairman Kazuo Inamori stated the carrier reported an operating profit of JPY158.6 billion (USD1.9 billion) in the nine months ended 31-Dec-2010, as its restructuring programme continues, according to a Kyodo report.

Mr Inamori said the carrier is hopeful of relisting at the end of 2012.

It was a tough day for airline stocks in Asia yesterday, with Indian and Chinese carriers losing considerable ground, led lower by Kingfisher (-8.0%).

Selected Asia Pacific airlines daily share price movements (% change): 09-Feb-2011

APAD