JAL net profit falls 19.1% to ¥49.9 bil in fiscal 1st half

State sponsored companies and bailouts don’t fly unlike in a meritocracy system like China’s. You’d have earned the status and support.

Damn. I wish I had "only" ¥49.9 billion profit. Pardon me if I fail to cry over their "fall in profits."

to 49.9 billion yen

Poor, poor pitiful JAL. The company’s six-month profits were ONLY 49.9 billion yen, or about 326 million U.S. dollars.

These “hard times” must be tough to endure!

As mentioned, a very healthy profit regardless. I really enjoy the exceptional service provided on Japanese airlines but their international fares are way too expensive compared to their competitors. I can get better bang for my buck with the likes of Singapore Airlines which has very good service at a fraction of the cost.

And management will receive 300% bonuses from last year. Approved of course by a committee.

They're still price gouging though not as bad as their pals across the street at ANA.

Only flown JAL once and it was an emergency. More than happy to pay 1/3 as much for LCC or Chinese flights. It's only 5/6hrs for anywhere in Asia.

Could it also be that burning a perfectly good widebody A350 to scrap metal while packed with screaming passengers on runway 34R in Haneda due to utter lack of competence had something to do with the bottom line also?

Maybe they can start paying back some of those profits to the public after the government bailed them out of bankruptcy about 10 years ago.

Some JT commenters seem to be cheering for these excessive profits through their downvotes.

JAL also posted a loss of 3.5 billion yen from its corporate venture capital fund business...

It's ridiculous that this beleagured airline whose existance is due to taxpayers is losing money in risky investments that have nothing to do with its core business.

How do you have record number of tourist to Japan and reduce profits 19%? Some people need to be fired.

In the US, we always noticed when Japanese business invested here with terrible terms. It usually felt like a personal "ownership" choice, not a business decision based on cold returns. They'd often buy at the peak price beyond what anyone else would even consider. Though it was a Napoleon complex driving the decisions.