Tokyo, (Jiji Press) - Japan Airlines is set to accelerate restructuring by implementing planned personnel cuts one year ahead of schedule and consolidating four maintenance units, informed sources said Tuesday.
JAL now plans to reduce its group workforce by 4,300 from 53,100 by fiscal 2008 that ends in March 2009, instead of the originally envisaged fiscal 2009, the sources said.
The major Japanese airline now believes that it can speed up the personnel reduction as it has received applications to leave the company from more employees than expected under its voluntary retirement programs, the sources said.
JAL plans to integrate the four maintenance units--JAL Narita Aircraft Maintenance Co., JAL Tokyo Aircraft Maintenance Co., JAL Engine Technologies Co. and JAL Aviation Technologies Co.--by the end of 2010, according to the sources.
The firm will include the plans to move up the personnel cut and integrate the units in its business program for fiscal 2008-2010 to be compiled in February next year, the sources said.
Source: JapanCorp.net
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