JAL EXPECTS NET LOSS OF AROUND $1.9 BILLION FOR FISCAL 2020

Highlights –

• JAL expects a net loss of around $1.9 billion for fiscal 2020.
• The airline has not provided its forecast for the current fiscal year to March 2021.
• JAL introduced new accounting standards from fiscal 2020.
• The airline is planning to raise around 300 billion yen in capital to strengthen financial standing.

Japan Airlines Co. has mentioned t....