Japan Airlines has followed up its announcement of first-quarter results for 2009 with details of cost-cutting measures.
August 7: Japan Airlines has followed up its announcement of first-quarter results for 2009 with details of cost-cutting measures.
With a loss of ¥99 billion (down ¥95.6 billion on 2008), the JAL Group, owner of the airline, stated operating conditions are “starkly harsher” than a year ago and announced “drastic adjustments” to its network and fleet size to “more closely match capacity to demand”. Flight frequencies will be reduced on eight international routes and the connections between Nagoya and Paris and Seoul will be discontinued. On 14 international routes Boeing 747-400s will be switched to medium-sized 777s and 767s substituted with smaller 737s.
On July 30 the airline retired the last of its Boeing 747-300 Classics, ending 26 years of operations with the type. Decommissioning the ‘Classic’ forms part of JAL’s strategy to downsize and operate more fuel-efficient aircraft such as the Boeing 777.