Japan Airlines forecasts record annual loss as pandemic takes toll

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Sat, 2020-10-31 03:25

TOKO: Japan Airlines (JAL) on Friday forecast a record operating loss for the year through March, and said it would retire planes early as the pandemic hits travel demand.
   Japan’s second-biggest airline has, like other carriers, been hammered by a collapse in air travel demand. It said on Friday it planned to retire 24 of its Boeing 777 widebodies by March 2023, though its response is less aggressive than larger rival ANA Holdings Inc.

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