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Japan Airlines to cut 6,800 jobs: President
Japan Airlines is to cut 6,800 jobs and pursue a tie-up with a foreign carrier in an effort to return to profit, its president Haruka Nishimatsu said today.
Updated on: Sep 15, 2009, 15:32:23 IST
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Japan Airlines is to cut 6,800 jobs and pursue a tie-up with a foreign carrier in an effort to return to profit, its president Haruka Nishimatsu said on Tuesday.
"We are talking about a personnel cut of 6,800," he told reporters. "It's a significant figure. The personnel reduction cannot wait."
JAL, which lost more than one billion dollars in the April-June quarter, has already slashed thousands of jobs in recent years.
Nishimatsu said JAL aimed to seal a tie-up with an overseas carrier by mid-October. According to local media, Delta Air Lines and American Airlines' parent company are both interested in taking stakes in the Japanese group.
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