Wednesday, February 16, 2011

Some Old News

By the way, how many of you have heard about this? 

JAL hasn't been the state airline for a long time -- now they're bankrupt. Tell me again how privatization ALWAYS works better


"Japan Airlines became one of Japan's biggest corporate failures when it filed for bankruptcy protection on Tuesday, January 19, 2010. The company, which is Asia's largest airline, has debts of more than $25bn. It has promised to cut 15,700 jobs by March 2013, introduce smaller more efficient aircraft and scrap dozens of loss-making and international routes, as is struggle to re-emerge" - That from The Telegraph (UK)

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