JAL sells Haneda maintenance

14th Feb 2008

Japan Airlines International has decided to sell the fixed assets of its Haneda Airport
Maintenance Centers 1 & 2 to the Industrial & Infrastructure Fund
Investment Corporation.Haneda Airport Maintenance Centers 1 & 2 are
hangars used by JAL primarily for aircraft heavy and line maintenance.

The JAL Group is making concerted efforts to achieve the medium term
corporate revival plan FY2007-2010. The company is concentrating its
resources on core air transport business activities and making cost
reductions in order to strengthen profitability. JAL has decided to sell
these maintenance facilities at Haneda Airport to reduce the risk from
owning real estate and to reduce costs.


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