Word: transport
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Dates: during 2010-2019
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...getting the lift it needs to stay in the sky - but not without shedding some bulk. With the government keen on keeping Japan's largest carrier in business, JAL is now set to transition into a three-year, state-backed restructuring plan. Before JAL's filing on Tuesday, Transport Minister Seiji Maehara said, "The government wants to continue to support JAL to ensure its continued stable and safe operations." The Enterprise Turnaround Initiative Corp. of Japan (ETIC), a quasi-government entity that buys the debt of troubled Japanese companies and helps turn them around, will support the airline through massive...
This year's World Cup in South Africa could be one of the greatest ever advertisements for the continent - or a disaster. There are many potential stumbling blocks: infrastructure, transport, security. Some of these may turn out to be unexpected triumphs: the stadiums, for instance, are nearly finished - and they look fantastic. But for fans and players alike, the biggest doubts over the soccer tournament, which begins in June, center on security. South Africa has some of the highest levels of violent crime in the world, and protecting half a million foreigners, many of whom will be men with...