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Economy Class & Beyond

JAL: Approching Endgame?

12/01/2010 by Kevincm

JAL's shares have once again taken a nosedive as people fear it's heading into bankruptcy - even though American has increased its bid to $1.3 Billion and it's employees have voted to take cuts in the pensions scheme. With further cost cutting concessions - The Enterprise Turnaround Initiative Corporation of Japan will happily inject new cash - providing JAL goes bankrupt, … [Read more...]

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