The nation's two major airlines Friday announced contrasting results for the first quarter of fiscal 2005, with All Nippon Airways Co. managing to upstage Japan Airlines Corp.
JAL said it incurred an operating loss of 32 billion yen in the April-June period, compared with the 30.2 billion yen loss it recorded a year earlier, mainly due to rising fuel prices.
JAL did manage, however, to narrow its net loss to 38.3 billion yen from 40.7 billion, yen thanks to the absence of a one-time loss posted last year.
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