The JAL Group reports for its first quarter ending June 30,2022, revenue increased by 102.1% year on year to 268.8 billion yen, the operating expenses increased by 40.7% year on year to 303.0 billion yen. The loss before financing and income tax (EBIT) was 27.5 billion yen, compared to an EBIT loss of 82.6 billion yen in the previous year. The loss attributable to owners of the parent was 19.5 billion yen (the loss attributable to owners of the parent 57.9 billion yen in the previous year).
Fuel expenses for the period totaled 69.8 billion yen, increased by 162.6% from the same period last year, and actual fixed costs amounted to 120.7 billion yen. International passenger revenue for Full Service Carriers was 62.4billion yen(increased by 457.0% year on year),domestic passenger revenue was 88.0 billion yen(increased by 131.4% year on year), and cargo mail revenue was 65.3 billion yen(increased by 37.1% year on year).
JAL’s liquidity was maintained at a sufficient amount of 530.3 billion yen at the end of June, as well as the unused credit line of 250.0 billion yen, which has been reduced because of the improvement of cash inflow.
As a result of a recovery trend in passenger demand, Operating cash flow is 78.7 billion yen of inflow and Free cash flow is 46.3 billion yen of inflow.