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Posts Tagués ‘restructuration period’

19th January, 2010

Today January 19, 2010, JAL Japan Airlines filed for bankruptcy before the Tokyo Tribunal, but nonetheless announced that its flights and operations will be maintained during the restructuration period. During the period of restructuration, Japan Airlines JAL will continue to offer the benefits of its loyalty program and will receive financial support from “Turnaround Enterprise Initiative Corporation (ETIC). In early February, a new hierarchical organisation will be announced following the resignation of the CEO and several other leaders of Japan Airlines JAL.

Source: Japan Airlines JAL