Japan Airlines Corp will sell off six of its hotels and other assets to counter its losses in the airline business so it can stay in the black this year, sources said on December 7.

The carrier is aiming for a 3 billion yen consolidated net profit for the business year to March, which it plans to reach by booking an extraordinary profit of about 10 billion yen with the proceeds from sales of hotels and rental homes for its employees as well as some shareholdings, the sources said. JAL wants to sell one hotel in Hokkaido, three in Okinawa and one each in London and Saipan, they said.