Latest Tokyo Brief coverage on Japan Airlines Co., Ltd., tracking filings, financial news, and market signals from Japan.
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Yamato Holdings will shut the dedicated domestic cargo-plane operation it built with Japan Airlines by around June 2027, after yen weakness and fuel costs pushed air-transport costs up faster than trucking, widening the price gap between the two modes beyond what the company had assumed when it launched the service in 2024.
Japan Airlines lifted quarterly revenue past ¥523bn on higher fares, but a 58% jump in jet-fuel costs and a weak yen cut EBIT by 72% to ¥12.7bn, even as the airline carried fewer paying passengers than a year earlier.
The Development Bank of Japan is funding Qantas Group's full exit from Jetstar Japan's shareholder register, and the budget carrier will retire the Jetstar name by June 2027 while Japan Airlines' own stake stays untouched.