Japan Airlines has reported a net loss of Â¥63.1 billion (US$651.2 million) for the 2009 fiscal year ended 31 March, reversing a net profit of Â¥16.9 billion a year earlier. JAL recorded a 12.5 per cent decline in group revenue to Â¥1.95 trillion, while international cargo revenue slumped 23 per cent to Â¥152.1 billion. The company is forecasting further decreases in revenue of Â¥203.1 billion in the current year but hopes to offset that with a Â¥195 billion reduction in operating … [Read more...] about JAL posts US$651.2 million full-year loss