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JAL targets cost cuts for US$1.1 billion
Tokyo, Japan - The new business plan will be compiled within next month
Amid the economic difficulties that it is facing, Japan Airlines (JAL) might start a cost cut plan to save 100 billion yens (US$1.1 billion), according to the news reported by the Japanese financial newspaper "Nikkei". Among various ways to pursue this goal the carrier might create a second airline to separate some low-margin international routes and reduce its workforce (currently about 48,000...
AVIONEWS - World Aeronautical Press Agency - 1108540
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency