Airline

COURT APPROVES JAL RESTRUCTURING PLAN

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COURT APPROVES JAL RESTRUCTURING PLAN

The restructuring plans submitted by Japan Airlines have been approved 10 months after the airline filed for bankruptcy protection. Now JAL is free to implement the plan, its workforce will be cut by about 16,000 to 32,600 by March 31. Some 49 unprofitable international and domestic routes and ...

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