JAL says 787 grounding to cut April-May profit by $11.6 mln

TOKYO, March 19 Tue Mar 19, 2013 5:16am EDT

TOKYO, March 19 (Reuters) - The grounding of Boeing's 787 Dreamliner is likely to reduce Japan Airline Co Ltd 's operating profit in the two months to end-May by 1.1 billion yen ($11.6 million), President Yoshiharu Ueki said on Tuesday.

Japan Airlines (JAL) has seven 787 Dreamliner jets which have have been idled since mid-January along with 43 other 787 jets in operation, following battery incidents at a U.S. airport and on a domestic flight in Japan.