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Popular Posts

Archive

March 08, 2010
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Japan Airlines flight attendant uniforms are a hot commodity these days in more ways than one thanks to the country’s sex industry. The Times UK is reporting that the stewardess outfits are selling for as much as $16,000 on the black market. More...
February 08, 2010
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According to numerous reports, financially strapped Japan Airlines is now looking to stay put as a partner with American Airlines and the oneworld alliance. More...
January 20, 2010
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One of the worst kept secrets in the airline industry came to fruition yesterday as Japan Airlines filed for bankruptcy. JAL is about 2.32 trillion yen, or about $25.5 billion, in debt. Financial experts in Tokyo expect that lenders will recover only 20 percent of the money owed. More...
January 10, 2010
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Reports out of Tokyo are that the once mighty Japan Airlines might soon file for bankruptcy protection much sooner than expected. Faced with roughly $16 billion in debt, JAL faces many financial challenges ahead and is being called the biggest corporate failure in Japanese history. More...
January 05, 2010
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The news for Japan Airlines is not looking so good these days. Stock in JAL fell 25% last week to end the 2009 year. Rumors among travel analysts is that the airline might declare bankruptcy due to a $15 billion loss in profits. That is in addition to the announcement by JAL that may drop international flights altogether. More...
December 20, 2009
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American Airlines is not giving up so easily on the battle to secure their current partnership with Japan Airlines. But it just may be too late, as Asahi newspaper reported on Friday that JAL was most likely going to jump to Delta as its new overseas alliance partner. More...