Japan Airlines Corp. - JAL

Japan Airlines Corp. - JAL

JAL emerges from bankruptcy
Local Japanese News In English

Japan Airlines Corp. Said Monday it has effectively emerged from bankruptcy protection, completing a restructuring process that entailed a massive curtailing of its work force and routes.
But the outlook for the airline remains cloudy, with travel demand sharply eroded by the massive earthquake and tsunami that hit northern Japan on March 11, sparking a nuclear crisis. JAL said it will reduce capacity on international routes by decreasing flight frequency and switching to smaller aircraft for most of April to address a decline in travel demand as a result of the quake. (Wall Street Journal) Source: cleanup