Japan Airlines reportedly plans to downsize its operations, as part of restructuring efforts, reducing flight-related sales by 20% and operating expenses by 30% from FY2008 levels over the three years to Mar-2012 (Kyodo, 14-Sep-2009). The carrier also reportedly plans to further reduce its staffing levels, with job reductions equating to approximately 6,000 positions. It will "streamline" its international and domestic routes, affecting approximately 24 international routes. The carrier plans to increase codeshare agreements to cover unprofitable international sectors. JAL is expected to announced details of its improvement plan today (15-Sep-2009) to a panel of Japan's Land, Infrastructure, Transport and Tourism Ministry tasked with monitoring its business turnaround.
15-Sep-2009 10:35 AM