Word: airlinese
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When Japan Airlines (JAL) switched from glass wine bottles to plastic ones in coach class earlier this year, passengers took it as just another sign of the humbling of the country's once-proud flagship carrier. But far greater humiliations were in store for Asia's largest airline by revenue...
Delta Air Lines and JAL's current partner American Airlines, which are looking to expand routes within the Asian market, have recently held talks regarding potential investment in JAL. A deal could be announced within weeks, but whatever it is, it will only be a partial solution. "The problem is...
Bankruptcy, though, is not seen as an option because of the harmful ripple effects it could inflict on Japan's struggling economy. "If JAL [significantly] shrinks domestic routes, other political problems might emerge" as prefectural airports lose traffic and money, says Hosoya. In the past, the government has typically propped...
Holliday was one of a number of CEOs who came to the U.N. on Sept. 22 to mingle with world leaders and press them on climate change. Meanwhile the International Air Transport Association reiterated a pledge to cut its own carbon emissions in half by 2050 over 2005 levels. For...
Crucially, he has managed to win over key players in the travel industry. Airlines and others have long been skeptical about attempts by France and some others to levy compulsory taxes on airline tickets to pay for development aid. But the reception to this initiative has been friendly, because the...