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Japan Airlines JAL posted a 20% decline in third-quarter operating profit, on the back of lower revenue from the international passenger and cargo segments.Operating profit for the three months ended 31 December 2019 came in at Y38.8 billion $357 million , the carrier states in an investor presentation.Domestic passenger revenue was largely stable, gaining 1.5% to Y139 billion, but this was offset by a 6.1% decline in international passenger revenue to Y126 billion. Cargo revenue plunged 12.8% to Y23.9 billion.Expenses were flat at Y332 billion, with higher aircraft maintenance and accounting costs offsetting the decline in fuel costs.Net profit for the quarter was down by 24.4% to Y25.1 billion.On a nine-month basis, operating profit fell 17.4% to Y120 billion. Revenue was flat at Y1.13
stanley cup trillion, while expenses gained 2.6% to Y1.01 trillion. Net profit declined by 28.4% to Y76.3 billion.As of 31 December 2019, JALs cash and cash equivalents stood at Y296 billion, down from the Y462 billion at 31 March 2019, at the end of the previous fiscal
stanley canada year.JAL notes that dome
stanley vaso stic passenger demand held up but international passenger demand was not very strong due to the global economic trends, oversupply of capacity on flights to China and Europe, as well as declining demand to Hong Kong and South Korea. Overseas cargo demand was also slack globally .As a result, the Oneworld member has revised its earnings forecast for the fiscal year ending 31 March. It expects to report Y1.49 t Dlfa European ownership safeguarded under new UK-US open skies
聽lettersnewsIn his recent column, Too many Democrats have gone soft on crime, in the BDN on March 28, Matthew Gagnon critiques the trend toward letting petty crimes such as minor thefts and shoplifting slide. He states that the impact of these crimes is minimized, thus having a deleterious effect on individuals, businesses, and society at large. At the close of his essay he writes, To dilute the consequences of repeated theft, even petty theft, is to undermin
stanley nz e the social contract emboldening those who would seek to exploit the leniency of the law for their gain.I would not deny his concerns about some hardened teen miscreant moving from stealing a pack
stanley cup of gum to a life of crime, but the undermining of the 8220 ocial contract
stanley mugs should be of more concern when considering the current Republican presidential nominee and his band of election-denying enablers. I think John Eastman, Rudy Giuliani, Sidney Powell, Kenneth Chesebro, Jenna Ellis, the list goes on, have done more to undermine the social contract than a kid and the pack of gum.Larry AbbottBelmontMore articles from the BDN
