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Japan Airlines Net Profit Drops 42% in First Half of 2026 Amid Rising Fuel Costs

Net profit for April‑September fell 42.2 percent to 39 billion yen, driven by soaring fuel costs and a weaker yen.

By PulseWire NewsSource: english.news.cn1 min read

In brief

Japan Airlines reported a 42.2 percent decline in net profit for the April‑September period, even as revenue rose 11.7 percent. Higher fuel costs and a depreciating yen pushed operating expenses up by 16.5 percent, while passenger numbers dipped. The airline maintained a 20 percent lower full‑year forecast.

According to Xinhua, Japan Airlines announced on Monday that its net profit for the April‑September period fell 42.2 percent from a year earlier to 39.07 billion yen as soaring fuel prices and a weaker yen pushed up operating costs.

Revenue for the same six‑month span rose 11.7 percent to 1.10 trillion yen, while international passenger revenue increased 16.0 percent to 426.6 billion yen and domestic passenger revenue grew 5.8 percent to 319.7 billion yen.

Operating expenses, however, climbed 16.5 percent year‑on‑year to 1.038 trillion yen, largely driven by higher fuel costs and the persistent depreciation of the yen, the company said.

Passenger numbers fell, with international passengers down 3.1 percent to 3.86 million and domestic passengers down 2.2 percent to 18.70 million.

For the current fiscal year ending March 2027, Japan Airlines maintained its full‑year profit forecast of 110 billion yen, down 20.1 percent from the previous year, and projected revenue of 2.1 trillion yen, up 4.1 percent.

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