Thursday February 9, 2012

JAL’s net loss may balloon to $5.5 billion: media

TOKYO (Reuters) – Japan Airlines’ (JAL) net loss may balloon to about 500 billion yen ($5.5 billion) for the year to March as the heavily indebted carrier, Asia’s largest by revenue, plans to book hefty restructuring charges, the Yomiuri newspaper reported on Thursday.

TOKYO (Reuters) - Japan Airlines' (JAL) net loss may balloon to about 500 billion yen ($5.5 billion) for the year to March as the heavily indebted carrier, Asia's largest by revenue, plans to book hefty restructuring charges, the Yomiuri newspaper reported on Thursday.

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