JAL files for bankruptcy


Business | 206540 hits | Jan 19 8:17 am | Posted by: bootlegga
1 Comment

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. JAL, Asia's largest airline by revenues,

Comments

  1. by avatar martin14
    Tue Jan 19, 2010 6:19 pm
    no surprise, the country should declare bankruptcy next.



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