Gov't launches task force of turnaround experts to revive JAL

Friday 25th September, 10:37 AM JST

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8 Comments

timorborder at 02:53 PM JST - 25th September

And now the chickens (or turkeys) are coming home to roost!!!!

After so many years of pumping public money into a corporate dinosaur that refused to make hard decisions and become competitive, the new (non-LDP) government is being forced to look deeper into the affairs of JAL in order to safeguard the billions of dollars in public funds that have already been sunk into this turkey. What a thankless task. It might be time to call in Carlos Ghosn or somebody similar. The sooner the life-support machines are turned off, the quicker the current JAL management of centenarians will die off.

I seriously hope that the gloves come off for this one. Moreover, I hope the government won't shy away from criminal charges if corporate malfeasance is discovered.
stirfry at 03:03 PM JST - 25th September

another example of corporate japan, where ALL institutions, business or govt, are run solely for the benefit of those running them
Beelzebub at 04:36 PM JST - 25th September

The union will nix it and then we'll be right back to square one.
Wakarimasen at 06:24 PM JST - 25th September

Government task force of turnaround experts? Surely some contradiction in terms.
NuckinFutz at 06:52 PM JST - 25th September

Japan needs a little failure in it's overpriced domestic transporation and the elimination of JAL as an international carrier won't be a great loss. Let them fail and get bought out.
POTUS at 07:03 PM JST - 25th September

They sealed their fate when they eliminated the elegant crane logo. Downhill from that point. If they paid over a dollar for that sorry makeover, they paid too much.
memyselfI at 11:00 PM JST - 25th September

i have no sympathy for an overpriced, bad service, cheating customers nickel & diming the coach travelers.

Solution- get rid of the ceo and management.
biglittleman at 06:48 AM JST - 26th September

Turnaround experts? It means they will get a group together determine how much money they need. Then they get new investors to pump money in again. Probably a bank, a competitor and a vendor for their industry. No changes, just business as usual.