Jal News
JAL Received Decision on Support from the Enterprise Turnaround Initiative Corporation of Japan
JAL’s corporate restructuring will proceed swiftly under sound procedures through the combination of receiving support from ETIC and in-court corporate reorganization proceedings. Commercial transaction claims and the frequent flyer miles will be fully protected.
JAL files for bankruptcy protection
JAL has filed for court-led restructuring and bankruptcy protection with the Tokyo District Court. The Enterprise Turnaround Initiative Corp. of Japan, a quasi-governmental turnaround agency currently working on the wide ranging financial problems at Japan Airlines Corp. revealed the bankruptcy proposal.
JAL shares plunge further
Shares in Japan Airlines fell a further 80% today during trading in Japan following a 45% drop yesterday (Tuesday 12) as bankruptcy looks inevitable. The stricken carrier’s shares are almost worthless at 7Yen after the Japanese Government indicated that it would allow the flag carrier to slip into administration as soon as Tuesday (January 19).
JAL Starts Code Share Flights with Vietnam Airlines on Osaka-Hanoi Route
Japan Airlines (JAL) will further expand its code share agreement with Vietnam Airlines (VN) and will start offering the Osaka (Kansai) - Hanoi route operated by VN from January 13, 2010.
JAL to share BA lounges at London Heathrow
Japan Airlines is to share British Airways new lounges - Galleries First and Galleries Club - at London Heathrow Terminal 3 from 14 December, when JAL will close its own separate First Class and executive class Sakura Lounges.
Oneworld’s ‘total value proposition’ makes it by far the best alliance for Japan Airlines
The leaders of all Japan Airlines’ partners in the oneworld® alliance issued this declaration today to their colleagues at the airline, to the Japanese government and to the country’s flying public: oneworld is by far the best alliance for JAL.
Delta throws JAL $1bn lifeline
Delta Airlines has offered struggling Japan Airlines a $1bn incentive to leave the Oneworld Alliance. The US carrier is leading the SkyTeam group of airlines in a bid to rescue the struggling Japanese carrier – on the condition it leaves the rival alliance.
JAL racks up $1.5 billion first-half loss
Japan Airlines has revealed a $1.5 billion loss as it struggles to recover from the travel industry’s deepest slump in years. The company is seeking government help to deal with creditors.
Arpey says JAL should stick with oneworld
American Airlines is working hard to keep Japan Airlines Corp. in the oneworld alliance, offering to expand cooperation and inject funds into the debt-ridden carrier, which is currently seeking aid from the Japanese government.
Further losses at JAL means no pay
Executives at Japan Airlines will forgo their December pay in as the debt ridden national carrier hurtles towards a fourth year of losses in five. The company is expected to report another heavy loss on Friday when it announces second-quarter results
JAL Reopens Renovated Lounge at Frankfurt Airport
After extensive renovations, Japan Airlines (JAL) will reopen its lounge in the departure hall of Frankfurt International Airport on October 26, 2009.
JAL Group Monthly Traffic Data - August 2009
JAL Group’s traffic data for the month of August, 2009.
JAL Keeps aircraft interiors cool with closed shades
Japan Airlines (JAL) will implement a “Shades Closed Exercise” across 17 domestic airports in Japan and 5 airports overseas, where window shades of parked aircraft will be shut in order to block out the sunlight to keep temperatures in the interior from rising. By doing so, the amount of air conditioning required in the cabin prior to boarding and flight will be significantly reduced, which in turn can reduce the amount of energy consumed and carbon dioxide (CO2) gas emitted.
JAL to conduct Asia’s first environmentally efficient ASPIRE flight
Japan Airlines (JAL) will conduct Asia’s first ASPIRE flight on October 10, 2009, as part of a program that seeks to establish industry-wide aviation standards and procedures that can reduce the environmental footprint of air travel.
JAL Extends Free Transportation to Support Relief Efforts in Indonesia
Japan Airlines (JAL) extends its condolence to those affected by the strong earthquake that hit Indonesia’s Sumatra island yesterday. It will provide from Japan, free transport of relief goods and aid personnel at the request of any non-profit public organizations based in Japan, such as the Japanese Red Cross, and other Japanese aid organizations that the airline has worked with in the past.
JAL Operates charter flight to Jakarta in response to Sumatra Earthquake
Japan Airlines (JAL) extends its condolence to those affected by the strong earthquake that hit Indonesia’s Sumatra island yesterday.
JAL extends free transportation to support Philippines relief effort
Japan Airlines (JAL) extends its condolence to those affected by Typhoon Ketsana that hit the Philippines. It will provide from Japan, free transport of relief goods and aid personnel bound for Manila at the request of any non-profit public organizations based in Japan, such as the Japanese Red Cross, and other Japanese aid organizations that the airline has worked with in the past.
JAL Group route and flight frequency plan of second half FY2009
The JAL Group announced today, revisions to the route and flight frequency plan for its domestic passenger operations for the second half of FY2009. From January 5, 2010, the JAL Group will establish a new domestic route between Tokyo (Narita) and Okinawa.
JAL teeters on brink of collapse
Japan Airlines is teetering on the brink of collapse as the government refused calls to save it from a $15 billion debt pile yesterday (September 24). A Japanese government task force has now been formed which may split the carrier into “good” and “bad” parts. It will report back at the end of November.
BA in move to save JAL
British Airways has joined American Airlines and Qantas to try and save Japan Airlines from bankruptcy. The move follows news that Delta Airlines was also looking to inject cash into the ailing carrier and by doing so force it to exit the Oneworld Alliance, of which BA is a member.
