JAPAN: JAL boss disparages carrierÃ¢â‚¬™s former execs
The new CEO of Japan Airlines, Kazuo Inamori, who took over the struggling company JAL in January has said his company executives were unfit Ã¢â‚¬Å“to run a green groceryÃ¢â‚¬Â. Inamori aims to return JAL to profitability by the autumn, but hinted to reporters that his assessment of the airlineÃ¢â‚¬™s prospects had become Ã¢â‚¬Å“gloomierÃ¢â‚¬Â since taking […]
April 1, 2010
JAL was declared bankrupt in January but a state-led recovery package has been put in place to try and overcome the airlineÃ¢â‚¬™s reported US$26 billion debt. JAL has said it will get out of the freighter business and rely on bellyhold capacity instead.