IRIS Corporation Berhad Provides Update on the Material Litigation Commenced Against Japan Airlines International Co. Ltd
Dec 13 14
The Board of Director of IRIS Corporation Berhad announced that pursuant to the lawsuit taken by ICB against Japan Airlines International Co. Ltd. in the United States District Court for the Eastern District of New York alleging that JAL's use of electronic passports as part of their check-in procedures at United States airports, in which JAL operates constitutes an infringement of ICB's United States Patent No. 6,111,506 "Method of Making an Improved Security Identification Document Including Contactless Communication Insert Unit" ("Patent"), the case was dismissed on 30 September 2009 and ICB filed an appeal against the United States District Court's decision to the United States Court of Appeals for the Federal Circuit ("Appeal"). The case was heard and argued in open court on 8 September 2014. The United States Government filed a friend of the court brief stating, in essence, that the United States District Court was incorrect, but nevertheless the case should be dismissed in that the proper defendant is the United States Government in light of a change in the law that occurred subsequent to the filing of the appeal. The United States Airlines Industry Association also filed a friend of the court brief agreeing with the position taken by the United States government.
Japan Airlines Launches JAL SKY SUITE 787 Service Between Tokyo and Frankfurt
Dec 3 14
Japan Airlines has launched the first JAL SKY SUITE 787 service between Tokyo Narita Airport and Frankfurt, Germany. The company will introduce fully-flat seat, 'JAL SKY SUITE', in Business Class of 'JAL SKY SUITE 787'. Premium Economy service will be provided onto the latest Boeing 787-8s with ‘JAL SKY PREMIUM’ seats, and in Economy Class, new ‘JAL SKY WIDER II’ seats in a 2-4-2 configuration will be offered. Following its launch on Narita = Frankfurt route, ‘JAL SKY SUITE 787’ will be sequentially operated on Tokyo (Narita) = New York route (JL004/JL003) from January 2015. ‘JAL SKY SUITE 787’ will be progressively introduced on international medium and long haul routes.
Japan Airlines Co., Ltd. Announces Consolidated Earnings and Operating Results for the Six Months Ended September 30, 2014; Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2015
Oct 31 14
Japan Airlines Co., Ltd. announced consolidated earnings and operating results for the Six Months Ended September 30, 2014. For the quarter, the company reported operating revenues of JPY 683,771 million compared to JPY 659,300 million a year ago. Operating income was JPY 92,856 million compared to JPY 95,840 million a year ago. Ordinary income was JPY 91,698 million compared to JPY 90,171 million a year ago. Net income was JPY 80,323 million or JPY 221.50 per share compared to JPY 81,940 million or JPY 225.95 per share a year ago. Income before income taxes and minority interests was JPY 91,830 million compared to JPY 90,871 million a year ago. Net cash provided by operating activities was JPY 141,741 million against JPY 138,319 million a year ago. Purchase of fixed assets were JPY 77,256 million against JPY 56,277 million a year ago.
For the quarter, the company reported revenue passengers carried of 19,847,951 compared to 19,631,973 a year ago. Revenue passenger km was 30,324,176,000 compared to 29,607,964,000 a year ago. Available seat km was 42,479,112,000 compared to 42,319,422,000 a year ago. Revenue passenger-load factor was 71.4% compared to 70% a year ago. Revenue cargo ton-km was 1,025,189,000 against 926,187,000 a year ago.
For the year ending March 31, 2015, on consolidated basis, the company expects operating revenues of JPY 1,340,000 million against JPY 1,350,000 million as previously forecasted, operating income of JPY 158,000 million against JPY 140,000 million as previously forecasted, ordinary income of JPY 155,000 million against JPY 135,000 million as previously forecasted and net income of JPY 135,000 million or JPY 372.27 per share against JPY 115,000 or 317.12 per share as previously forecasted.
For the year ending March 31, 2015, on non-consolidated basis, the company expects operating revenues of JPY 1,090,000 million against JPY 1,095,000 million as previously forecasted, ordinary income of JPY 115,000 million against JPY 100,000 million as previously forecasted and net income of JPY 144,000 million or JPY 397.02 per share against JPY 100,000 or 275.71 per share as previously forecasted.