Japanese airlines see decrease in net profit for FY26 with fuel hikes

Companies JAL calls global conditions ‘increasingly uncertain;’ Chinese carriers catch tailwind Jet fuel prices are rising faster than expected for Japan’s big airlines and threatening profits. (Photo by Takaki Kashiwabara) MAYUKO KURIHARA April 30, 2026 13:11 JST Updated on April 30, 2026 20:02 JST TOKYO — Japan’s two major airlines project their net profits for the fiscal year ending March 2027 will drop due to uncertain global travel demand and fuel cost increases caused by the Iran war.