JAPAN AIRLINES

International air freight traffic slows: IATA

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International air freight traffic was 4.8 percent lower in October than a year previously, while international passenger traffic grew 4.6 percent but at a slowing pace, the International Air Transport Association said on Monday.
People walk past a sign of Olympus Corp outside the company's showroom in Tokyo

More deals in focus as Olympus scandal widens

As attention in the Olympus accounting scandal turns to whether funds used to cover up losses were funneled to criminal groups, scrutiny is set to increase on deals not yet in the spotlight, including an ill-fated $780 million investment in technology firm ITX.
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JAL seen posting loss of $1.7 billion: report

Debt-ridden Japan Airlines is forecast to have posted a group operating loss of about 160 billion yen ($1.7 billion) for the financial year that ended in March, Japan's Sankei newspaper reported on Sunday.
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Japan Airlines to cut 16,500 jobs

Japan Airlines Corp plans to reduce its workforce by a third within the fiscal year to lower labor costs by 81.7 billion yen a year, the Nikkei business daily said.
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Boeing sees aircraft order book shrinking

U.S. aerospace giant Boeing Co said on Tuesday it expects new orders for commercial aircraft this year to fall short of deliveries and no increase in demand until 2012.
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Japan Airlines files for $25 billion bankruptcy

Japan Airlines Corp filed for bankruptcy protection on Tuesday owing more than $25 billion, and vowed to slash 15,700 jobs and unprofitable routes as it tries to survive volatile fuel costs and fickle flyers.
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JAL files for bankruptcy

Japan Airlines Corp filed for bankruptcy protection on Tuesday, owing more than $25 billion, and vowed to slash 15,700 jobs and unprofitable routes as it tries to survive volatile fuel costs and fickle flyers.
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Restructuring looms as JAL board backs bankruptcy

Japan Airlines Corp's board voted to file for bankruptcy protection on Tuesday, media reported, a move that will see it slash 15,000 jobs and replace aging planes to survive an industry beset by volatile fuel costs and fickle flyers.
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Japan Inc symbol JAL set to file for bankruptcy

Japan Airlines Corp is set to file for one of the country's largest ever bankruptcies on Tuesday, marking the failure of the former state-owned carrier that once symbolized Japan Inc's international aspirations.
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Global Air Alliances in Flux as JAL Nears Bankruptcy

As Japan Airlines nears a likely bankruptcy, two of the largest global airline alliances could see a shift of JAL from the OneWorld Alliance, which includes American Airlines, to the SkyTeam alliance, which is headed by Delta Airlines and Air France-KLM Group.
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JAL agrees tie-up deal with Delta: report

Japan Airlines has agreed on a tie-up with Delta Air Lines that will mean JAL joins the SkyTeam airline alliance, dropping its membership of the Oneworld alliance, a Japanese newspaper said on Saturday.

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