JAL to Record Operating Loss of Approximately 15 Billion Yen due to Total Loss of Airbus A350-900 Aircraft

JAL (Airbus A350-900, JA13XJ)

Japan Airlines (JAL) announced that it is expected to record an operating loss of approximately 15 billion yen due to the collision incident on January 2 involving JAL flight 516 and a Japan Coast Guard aircraft.

The involved Airbus A350-900 aircraft (Registration: JA13XJ) is considered a total loss, but is expected to be covered by aviation insurance.

The impact on the consolidated financial results for the fiscal year ending March 2024 is currently under scrutiny. The original financial forecast projected revenue of 1.684 trillion yen, operating profit before finance and corporate income taxes (RBIT) of 130 billion yen, and net income of 80 billion yen.

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