JAL Group reports positive EBIT and profit first time in four years

The Japan Airline Group (JAL) Group reported a Q1 operating profit of 31.3 billion yen ($219 million) and a net profit attributable to owners of 23 billion yen ($161m). Japan Airlines Group (JAL Group) announced its consolidated financial results for the first quarter of Fiscal Year 2023 (FY23Q1), covering the period from April 1st to June 30th, 2023. The Group reported positive earnings before interest and tax (EBIT) and Net Profit for the first time in four years Compared to the first quarter of last year, revenue was up by 42%, EBIT climbed by 59 billion yen ($413m), and net