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September 01, 2010 - Japan Airlines (JAL) a debt-ridden carrier announced that it was downsizing its fleet and cutting routes and employees in an effort to reduce more than $25 billion in debt and bring it back to profitability. Under a plan submitted to Tokyo District Court, the company will retire 103 aircraft and scrap 10 international and 39 domestic routes in an effort to slash operating costs by 30 percent.
JAL was
established in 1951 and became the national airline of |
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In 2009, Japan
Airlines suffered steep financial losses, despite remaining Members of the task force expressed an interest in merging JAL with ANA, which would create a single larger international airline and replace Japan Airlines International. Media reports suggested that this non-partner merger proposal would be opposed by ANA, given its comparatively better financial performance as an independent carrier. In addition, the task force examined possible partnership with foreign carriers. JAL group companies include Japan Airlines for international and domestic services; JALways for international leisure services; JAL Express for international and domestic low-cost services; Hokkaido Air System, J-Air, Japan Air Commuter, Japan Transocean Air and Ryukyu Air Commuter for domestic feeder services; and JAL Cargo for cargo and mail services. |
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JAL group operations include scheduled and non-scheduled international and domestic passenger and cargo services to 220 destinations in 35 countries worldwide, including codeshares. The group has a fleet of 279 aircraft. In the fiscal year ended March 31, 2009, the airline group carried over 52 million passengers and over 1.1 million tons of cargo and mail. Matching supply with demand for improved convenience and profitability, JAL revisions to its routes, flight frequency and fleet plan for the winter schedule is based on plans announced in April which were formulated to achieve a swift revitalization. Adjustments were made mainly to the flight frequency on select routes and aircraft downsizing measures to more accurately suit demand and improve customer convenience as well as profitability.
On its
international network, JAL has been downsizing aircraft where
appropriate and also responding keenly to demand. JAL will schedule for
the first time, its latest fully-reclining first class seat - JAL SUITE,
on the route between |
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