Report: JAL May Become Domestic Carrier | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-10.28.24

Airborne-NextGen-10.29.24

Airborne-Unlimited-10.30.24

Airborne-Unlimited-10.24.24

Airborne-Unlimited-10.25.24

Fri, Jan 01, 2010

Report: JAL May Become Domestic Carrier

International Routes Would Be Taken Over By ANA

The Japanese government is considering a massive restructuring of Japan Air Lines (JAL) that would strip the carrier of its international operations in hopes that it could survive as a domestic carrier. The international routes would be absorbed by rival All Nippon Airways (ANA).

The international news service AFP cites a report in the Japanese newspaper the Mainichi Shimbun that indicate the a program to restructure JAL's financial situation was a topic for discussion during a meeting Wednesday of high Japanese government officials, including Transport Minister Seiji Maehara. The Transportation Ministry reportedly is adamantly opposed to the scheme.

An unnamed JAL executive told the paper that the airline would be "a good company" if it concentrated on domestic routes.

Maehara also met last weekend with vice Prime Minister Naoto Kan and other officials, producing a agreement to expand loans from the state-run Development Bank of Japan beyond the original $1.08 billion. JAL continues to be courted by both American Airlines and Delta for codesharing arrangements in the Japanese market. Both have offered significant financial assistance to the struggling Japanese carrier.

AFP reports that JAL had lost over $1.5 billion through September of last year, and plans significant job cuts and other cash-saving measures in an effort to get back in the black.

FMI: www.jal.com, www.mlit.go.jp/index_e.html

Advertisement

More News

Senator Pushes FAA to Accelerate Rocket Launch Licensing

States That Current Process is Damaging National Aerospace Development US Senator Jerry Morgan is pushing the FAA to speed up the process for rocket launch licensing. He argues tha>[...]

Classic Aero-TV: RJ Gritter - Part of Aviation’s Bright New Future

From 2015 (YouTube Edition): Model Aviator Aims For Full-Scale Career While at the 2015 Indoor Electric RC Festival, referred to as eFest, ANN CEO and Editor-In-Chief, Jim Campbell>[...]

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

ANN's Daily Aero-Linx (10.27.24)

Aero Linx: Cardinal Flyers Online The Cardinal Flyers Online Web site was created and is maintained by me, Keith Peterson. My wife Debbie and I have owned a 1976 RG since 1985. Wit>[...]

ANN's Daily Aero-Term (10.27.24): Clearance Void If Not Off By (Time)

Clearance Void If Not Off By (Time) Used by ATC to advise an aircraft that the departure release is automatically canceled if takeoff is not made prior to a specified time. The exp>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC