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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Struggling JAL to cut 45 more routes AFP - Thursday, April 29 Send IM Story Print TOKYO (AFP) - – Struggling Japan Airlines is to cut 45 more international and domestic routes this financial year as it accelerates its plan to return to profitability, it said Wednesday. The airline, being restructured with the help of a state-backed turnaround fund after filing for bankruptcy in January, will slash international and domestic capacity by 40 percent and 30 percent respectively, compared to fiscal 2008. JAL said the plan, to be carried out between April 2010 and March 2011, will see 15 additional international routes cut, including those from Tokyo to Amsterdam, Milan, Rome and Sao Paolo. It will also drop 30 domestic routes. "JAL has restructured its overall network with the clear objective of returning to profitability as swiftly as possible," the airline said in a statement. But airline chairman Kazuo Inamori denied any immediate plan to further cut its international business, saying: "I believe our international routes are very important for our revival." Combined with its previously announced route-cutting plans, the airline will cease to run 28 international routes and close 11 international bases, while 50 domestic routes will be terminated, along with eight offices. "Maintaining routes is part of social infrastructure, but without this it will be extremely difficult for us to achieve our revival," JAL president Masaru Onishi told a news conference with Inamori. The airline said the plan aims to achieve in one year what it originally planned to do in three. It did not say what the potential impact would be on nearly 16,000 previously planned job cuts from a workforce of 50,000. Onishi only said: "If we should go ahead with appropriate route plans as we just announced, it will be necessary for us to also make the size of our personnel appropriate." The latest moves follow reports of the airline coming under heavy pressure from creditors to impose further swingeing cuts to jobs and unprofitable routes. The ailing flagship carrier made a net loss of 177.9 billion yen (1.9 billion dollars) for the nine months to December, the worst figure since its merger with Japan Air System in 2002. Recommend Send IM Story Print Related Articles GLOBAL MARKETS-Euro gets limited support from EU/IMF Greek salve Reuters - 27 minutes ago DEALTALK-Restaurant dealmaking hits two-year high Reuters - 32 minutes ago US-BUSINESS Summary Reuters - 32 minutes ago Senate to vote again on bank reform: Reid Reuters - 33 minutes ago Dubai's Arabtec accepts Nakheel debt offer - CEO Reuters - 37 minutes ago News Search Top Stories Russian economy grows 4.5% in first quarter Russia unveils Katyn wartime massacre archives EU calls emergency summit as Greece crisis deepens Shell says profits boosted by higher oil prices Colon exam could slash cancer rates: study More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended EU calls emergency summit as Greece crisis deepens In Senate hearing, Goldman denies bad business BP's soaring profits overshadowed by oil rig tragedy Bereaved twin runs for Polish president Aliens may exist but contact would hurt: Hawking More Most Viewed » Aliens may exist but contact would hurt: Hawking Apple engineer loses iPhone prototype Two-million-year-old hominid sheds light on evolution French driving veil row escalates Airlines want compensation as Europe's skies reopen More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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