JAL rebounding from bankruptcy, says president

Yoshiharu Ueki landed in Hong Kong many times during his career as a pilot at Japan Airlines JAL, but this week marks his first visit as president of the company.

Ueki is in Hong Kong to give an update on the company’s progress since filing for bankruptcy in 2010 with debts of 2.3 trillion $29 billion. Just two years on, it booked a record operating profit of 205 billion for the year ended March this year, with an operating margin of 17%, up from -2.6% in the 2008 financial year.

Media reports have speculated that the airline will re-list its shares by September, though the...