Japan Airlines posts record Q1 profit on strong demand

Japan Airlines reported record first-quarter profit of 45.5bn yen, more than doubling from 22.1bn yen year-on-year. Revenue increased 11.1% to 471.0bn yen.

The strong performance was driven by robust international and domestic passenger demand, coupled with effective cost management.

The company maintained its full-year revenue forecast of 1,977.0bn yen and expects profit attributable to shareholders of 115.0bn yen. It declared an annual dividend forecast of 92.00 yen per share.