JAL CEO Flags Concerns Over Weak Japanese Currency, Targets 130 Yen to Dollar Rate

Japan Airlines (JAL) CEO Mitsuko Tottori has expressed concerns about the current weakness of the Japanese yen, stating that a stronger exchange rate of around 130 yen to the dollar would be more favorable for the airline. She emphasized that the majority of JAL’s expenses are in foreign currencies, making the weak yen a pressing issue. Tottori also highlighted the negative impact of the weak yen on outbound travel. Despite Airbus receiving a larger share of JAL’s recent aircraft order, Tottori emphasized that the airline will seek a balanced approach, ensuring that Boeing orders are delivered on time and meeting business requirements.

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