TOKYO--Japan Airlines Co. (9201.TO) said Wednesday it has entered negotiations to seek compensation from Boeing Co. (BA) over losses stemming from the suspension of its 787 Dreamliner operations, Kyodo News reported.

At a shareholders meeting in Tokyo, the Japanese carrier also said the company has lost a net Y3.9 billion since Jan. 16, when its entire 787 fleet was grounded due to a series of battery-related problems. The sum breaks down into Y6.5 billion in revenue decline and Y2.6 billion in maintenance cost saving, JAL said.

JAL and All Nippon Airways Co., the world's two largest procurers of the 787, resumed regular services with the advanced aircraft on June 1.

JAL President Yoshiharu Ueki reiterated that the safety of the aircraft has been ensured.

It was the first shareholders' meeting held since the company was relisted on the Tokyo Stock Exchange last September after its 2010 bankruptcy.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

ANA (PK) (USOTC:ALNPY)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more ANA (PK) Charts.
ANA (PK) (USOTC:ALNPY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more ANA (PK) Charts.