JAL, ANA both in the black in April-Dec. for 1st time since pandemic

Japan's two biggest airlines on Thursday posted net profit for the April to December period, marking the first time Japan Airlines Co. and ANA Holdings Inc. have been in the black for three quarters of a fiscal year since hit by the COVID-19 pandemic.With travel demand for Japan recovering quickly after the Asian country largely relaxed its pandemic-related border restrictions in October, JAL said it booked a net profit of 16.31 billion yen ($127 million) in the nine months to December, a reversal from a net loss of 128.32 billion yen logged in the same period a year before.Sales more than …READ FULL ARTICLE