TOKYO — Japan Airlines and compatriot ANA Holdings have very different earnings expectations for this fiscal year as intensifying competition and the weak yen leave the outlook for the industry uncertain, especially for outbound travel.
JAL predicts its group net profit will grow 5% to 100 billion yen ($650 million) for the year ending March 2025 — just above the QUICK Consensus analyst estimate — which would be its first time reaching that level since fiscal 2018. The carrier projects revenue will climb 17% to 1.93 trillion yen.
