Japan Airlines (JAL) reported a lower net profit for the first nine months of fiscal 2018, but raised its full-year income outlook as a result of an anticipated easing of fuel prices. The carrier reported a net profit of ¥106.5 billion ($980.4 million) for the nine-month period ending Dec. 31, 2018, down 6.6% from the same period a year earlier. For the full fiscal year ending March 31, however, JAL raised its net profit estimate to ¥138 billion, ¥28 billion higher than the ...

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