TOKYO, JAPAN – February 7, 2025– Japan Airlines Group (JAL Group) has reported a remarkable surge in profitability for the third quarter of its fiscal year 2025, thanks to a steady recovery in global travel demand and the airline’s strategic operational adjustments. The group’s latest financial results showcase a strong rebound from the challenges faced in the previous years, fueled by increasing passenger numbers, higher cargo revenues, and effective cost management.
Net Income Growth: JAL Group reported a significant year-on-year increase in net income for Q3 FY25, with a notable rise of 35%, driven by increased passenger volumes and improved operational efficiency.
Revenue Increase: Total revenue for the quarter jumped 22%, reaching ¥575 billion, compared to ¥470 billion in the same period last year. This was driven by the strong recovery in both domestic and international flight services.
Passenger Traffic: The airline experienced an uptick in travel demand, particularly in international markets, as restrictions eased and pent-up demand continued to drive bookings. International flights saw a 28% increase in passengers compared to the previous year, with North America and Europe being key growth regions.
Cargo Performance: JAL’s cargo division saw continued growth, with cargo revenues rising 15% due to higher freight volumes and strong demand for air cargo services from various industries.
Cost Control: Operating costs increased by only 10%, despite the rise in fuel prices. This was attributed to efficient fuel hedging strategies, improved fuel consumption rates, and a focus on reducing unnecessary operational expenses.
Japan Airlines’ CEO, Shinichi Inoue, attributed the company’s strong financial performance to a combination of factors
