Japan Airlines Co. forecast Tuesday a net loss of 146 billion yen ($1.3 billion) for the business year ending March and said it will reduce its workforce by around 2,500 through attrition amid a later-than-expected recovery in air travel demand from the COVID-19 fallout.Despite robust cargo demand and cost cutting, JAL will remain in the red for a second straight year. Excluding staff in its low-cost carrier business, the major airline will have a workforce of around 33,500 at the end of March 2023 through retirement and by curbing new hiring, down from around 36,000 in fiscal 2020.JAL post…READ FULL ARTICLE
