Japan Airlines Corp. has plans to cut about 600 jobs at its four maintenance units by March 2012. The company will be merging their maintenance companies and cutting routes. Since 2001 Japan Air has received three bailouts from the government. Delta Airlines Inc. and Air France KLM are currently in talks to purchase a stake in Japan Air.
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About Japan Airlines
Japan Airlines Corporation is a Japan-based holding company that provides air transport services through its 225 subsidiaries and 82 associated companies. The Company has five business segments. The Air Transportation segment is engaged in the operation of passengers and cargo planes. The Air Transportation-related segment is engaged in the transportation of passenger sand cargoes, the preparation of in-flight food catering, the development and maintenance of aircraft and land equipment, as well as the fueling business. The Travel Planning and Marketing segment is involved in the planning and sale of travel packages. The Card and Lease segment is engaged in the provision of financial, card and leasing services. The Others segment is involved in businesses related to hotels, resorts, logistics, wholesale, retail, real estates, printing, construction, manpower dispatch, as well as information and communication. The Company has numerous global operating locations.
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