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Japan Airlines profit soars but China spat weighs

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Tokyo (AFP) Nov 2, 2012

Japan Airlines on Friday raised its full-year profit forecast to $1.74 billion as the carrier, which only exited bankruptcy last year, released its first results since re-listing on Tokyo's stock market. The airline - whose collapse was one of Japan's worst-ever corporate failures - said net profit would rise to 140 billion yen ($1.74 billion) in the year to March as it cut costs and enjoy Reported by Energy Daily 20 minutes ago.

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