Tokyo February 6, 2009: JAL Group today announced consolidated results for both the third quarter (October-December 2008 inclusive) and the first three quarters (April - December inclusive) of FY2008. The Group has also revised its financial forecast for FY2008, the fiscal year ending March 31, 2009.

In the air transport segment - JAL Group’s core business - total operating revenue in the first three quarters of FY2008 was 1,374.3 billion yen, a decline of 18.1 billion yen or 1.3% when compared to the same period the year before. Over the nine-month period, operating income in this segment fell 88.8 billion yen to minus 17.5 billion yen when compared to the previous year. On a consolidated basis, the JAL Group’s net income declined 22.3 billion yen to minus 1.9 billion yen.

As air transport demand is expected to continue its downward slide as result of the current global economic slowdown, the JAL Group has revised its financial forecast for FY2008. The JAL Group now expects to post a consolidated net loss of 34 billion yen for the full fiscal year ending March 31, 2009.