URGENT ¥¥¥ JAL says nine-month net profit slips, ups year forecast

Japan Airlines (JAL) on Monday said that its net profit in the nine months to December slipped 3.7 percent to $1.52 billion, but the carrier boosted its full-year profit estimate.

JAL, which re-listed its shares in Tokyo last year after a high-profile bankruptcy restructuring, said it booked a 140.64 billion yen ($1.52 billion) net profit in the nine-month period, while upping its profit estimate for the year to March to 163 billion yen from an earlier 140 billion yen forecast.