Company Watch - Japan Airlines.Aug 13, 2007 JAL JAL Jalisco (Mexican state) JAL Jalapa (Guatemala territorial division) JAL Jump And Link JAL Japan Airlines Company, Ltd. Group is looking to build on its significant financial turnaround with a greater commitment to routes oriented toward business travelers. From Oct. 28 it will add a 14th weekly Tokyo Narita-Guangzhou flight and increase NRT-New Delhi service to daily from five-times-weekly. It will maintain the recent increase to 13 weekly flights on its NRT-New York JFK service but will decrease frequencies to Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. (to seven-times-weekly from eight), Paris Charles de Gaulle (to seven from 10) and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. (to 14 from 17). JAL is rolling out its Shell Flat Seat on NRT-New Delhi and Nagoya-Bangkok services and plans to introduce a charter service between Tokyo Haneda and Shanghai Hongqiao. On the cargo front, it will operate to Vietnam for the first time with twice-weekly Osaka-Ho Chi Minh City flights due to begin Oct. 28 aboard its third 767-300F. The aircraft will be used to replace certain 747-200F frequencies within Asia. Aug 8, 2007 Japan Airlines reported its load factor on Hawaii, transpacific trans·pa·cif·ic adj. 1. Situated on or coming from the other side of the Pacific Ocean. 2. Spanning or crossing the Pacific Ocean. and South Korean flights is forecast to be "particularly high" during Japan's peak summer travel period Aug. 10-19. Hawaii's load factor for that period is expected to be 94 percent for a total of 56,462 available seats. Though that figure is down 1.1 percent from the same week in 2006, load factors on Hawaii routes this summer are well above those for JAL routes to Europe, Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. and Guam. Aug 8, 2007 Japan Airlines said it would focus on high-profit, high-growth passenger routes to more Asian destinations beginning in late October. The expansion will include increased passnger flights to China and the U.S., and increased cargo flights to Vietnam and Southeast Asia, particularly Vietnam. Aug 8, 2007 Japan Airlines domestic flights had a string of safety problems, such as an engine catching on fire, has also pushed customers to rival All Nippon Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways. . Banking sources said in May that Japan Airlines had asked its main lenders to swap part of its USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $14 billion of debt for equity to prop up its capital. But a media report has since suggested that plan is now on hold in the face of reluctance from its banks and because the airline thought it might obtain better terms if it waited until progress on restructuring was clearer. Analysts have warned of the risk of share dilution with a capital increase. Aug 6, 2007 Japan Airlines' first-quarter loss narrowed by two-thirds, helped by increases in revenue on international routes and efforts to cut staffing costs, the company said on Monday. The result put the restructuring airline, Asia's biggest by revenue, slightly ahead in its plan to post a net profit for the first time in three years, although not enough to bump up its full-year outlook. Aug 6, 2007 Japan Airlines has forecast an operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. of JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 35 billion yen and a net profit of JPY7 billion yen for the year to end-March. It has taken longer to recover than its peers from the aftermath of September 11 and an outbreak of severe acute respiratory syndrome Severe Acute Respiratory Syndrome (SARS) Definition Severe acute respiratory syndrome (SARS) is the first emergent and highly transmissible viral disease to appear during the twenty-first century. (SARS) in Asia, weighed down by heavier oil costs as it uses a higher proportion of older gas-guzzling jumbo jets and comparatively high personnel costs. Aug 6, 2007 Japan Airlines; Kanayama was tight-lipped tight·lipped also tight-lipped adj. 1. Having the lips pressed together. 2. Loath to speak; close-mouthed. See Synonyms at silent. about possible capital raising, saying only that airlines were always looking at ways to improve their capital but that the company had nothing to disclose at this time. Efforts to cut personnel costs, however, appear to be bearing fruit, and sources familiar with the matter have said Japan Airlines aims to trim 4,300 jobs by April 2009, a year earlier than planned. Aug 6, 2007 Japan Airlines said its April-June operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. came in at JPY8.5 billion yen (USD$73 million), down from a JPY31.9 billion yen loss a year earlier. Air transport revenue rose 3 percent, lifted by brisk business passenger demand on routes to China and Southeast Asia, fuel surcharges and the axing of unprofitable routes. The troubled carrier rolled out a restructuring plan in February this year that focused on using smaller planes to improve fuel efficiency, reducing jobs, overhauling its pension system and selling non-core assets. Aug 6, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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