1-May-2017 8:54 AM
JAL announces FY2017-2020 JAL Group Medium Term Management Plan
Japan Airlines released (28-Apr-2017) the JAL Group Medium Term Management Plan for fiscal years 2017 to 2020 (year ending 31-Mar-2021), noting that 2020 is "recognised as a milestone, which Tokyo hosts Olympic/Paralympic Games and the flight slot is expected to expand at Tokyo metropolitan airports". In the Plan, JAL will "continue to refine its Full Service Carrier business, and will also adopt itself to global changes, while making capital expenditures for safety and service enhancements to become the customers' airline of choice". In addition, JAL will "make necessary preparations and take action to expand into new business domains such as creating and nurturing new profit resources by leveraging JAL's strengths". [more - original PR]