JAL posts full-year operating profit

Singapore
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Japan Airlines (JAL) group has posted an operating profit of 188 billion yen (Y) ($2.3 billion) for its fiscal year ended 31 March 2011, more than a year after it filed for bankruptcy protection.

The group reported operating revenues of Y1.36 trillion, said JAL.

The airline itself posted an operating profit of Y148 billion yen and operating revenues of Y1.14 trillion.

JAL filed for bankruptcy protection in January 2010 after incurring severe losses and has since completed its financial restructuring.

Its president and chief operating officer Masaru Onishi has said the airline plans to make a return to Japan's stock exchanges in the first half of 2013.