JAL asks its retirees and employees to cut pension by 40% in order to survive

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JAL-Japan Airlines (Tokyo-Haneda) is proposing to cut its pension payments by 40 percent in order to survive. However there is much opposition to the plan.

News link:

www.reuters.com/article/marketsNews/idCNT30017420091123?rpc=44

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This entry was posted in JAL-Japan Airlines and tagged JAL-Japan Airlines on November 23, 2009 by Bruce Drum.

About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.

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