So JAL doesn't seem to be impressed with the response for pleas of help from AMR and Delta. Either they will take too long or the plans don't look good.
Either way JAL has gone cap in hand to the Government.
Japan Airlines (latest) chief executive (of many), Haruka Nishimatsu, met yesterday with Japan’s new transport minister, Seiji Maehara, to discuss the carrier’s future. Nishimatsu confirmed to the media that he had asked the new administration for money, though he did not reveal how much.
Judging by its current predicament - it is burning through about $1 Billion per quarter. it has already announced layoffs of about 7000 which is a deep cut for a carrier like JAL.
Things don't look too good.
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