JAL to seek over Y250 bil debt waiver, 9,000 job cuts, CEO exit

Wednesday 14th October, 06:40 AM JST

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11 Comments

Beelzebub at 08:32 AM JST - 14th October

By this time next week I expect another article with the next "plan" for saving JAL.
Yelnats at 08:54 AM JST - 14th October

Declare bankruptcy
Sarge at 08:57 AM JST - 14th October

JAL's too big to fail.
Teeej at 09:58 AM JST - 14th October

An appallingly badly managed company. More than the President should be given the boot.
timorborder at 10:05 AM JST - 14th October

That is good enough for Day 1. It is the next 5 years of corporate rehabilitation that worries me.
Beelzebub at 11:42 AM JST - 14th October

Anyone in any of JAL's 200-plus subsidiaries who was a civil servant at to the time of his retirement should be summarily put out in the pasture.
timorborder at 12:19 PM JST - 14th October

Time for a foreign boss? What about the guy who turned around British Airways, Cathay and Air New Zealand? What is his name? Rod Eddington?
888naff at 03:39 PM JST - 14th October

eh "jal need a guy that the one turn round BA?" aren't they also reporting 2yrs on the trot of mega loses ( its the climate). loosing customers left right and centre from poor service, repeated strikes, mis manangement/poor and over confident planning of new facilities, annoying customers with extra charges, lost luggage on mass scale; rude staff, etc. yeah the last thing jal need to do is go down that kind of cost cutting mentality without any focus on service, function, etc.
steen at 05:44 PM JST - 14th October

Sarge: too big to fail Remember PanAm? Remember JNR - Japanese National Railways?

Too corrupt to fail? 250 billion yen! What's my portion of that? And I don't even use them, ever. Why do I have to contribute to something I don't use?

Why doesn't everybody support the other Japanese carrier, ANA? Why isn't ANA up in arms about this anti-competitive support? Cabal? Collusion?

Why does JAL need 3 years to pull out of loss-making routes? What on earth is going on in Japanese skies?
stirfry at 05:45 PM JST - 14th October

CEO exit ? in japan ? i'll believe it when i see it...so far, its just empty words
memyselfI at 08:14 AM JST - 17th October

declare　bankruptcy and get it over with. change the name while your at it. Call it " Take Your Money & Run Airlines "