JAL Profits ($2.3 billion) Thanks to Cuts

[FrugalFlyerv2.0]

http://www.bbc.co.uk/news/business-18056883Japan Airlines (JAL), which went bankrupt two years ago, has posted an annual net profit of 186.6bn yen ($2.3bn; £1.5bn) thanks to cost cuts.
Operating profit rose to a record 204.9bn yen from 188.4bn yen the previous year. It did not provide a net profit figure for 2010-11.

 

[1AA]

http://www.bbc.co.uk...siness-18056883Japan Airlines (JAL), which went bankrupt two years ago, has posted an annual net profit of 186.6bn yen ($2.3bn; £1.5bn) thanks to cost cuts.
Operating profit rose to a record 204.9bn yen from 188.4bn yen the previous year. It did not provide a net profit figure for 2010-11.

Thanks to American Airlines bailing them out. Now look where American is at.
Time to reciprocate.