JAL TO TERMINATE 250 EMPLOYEE CONTRACTS

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By TESTCustomwebLP TESTCustomwebLP November 16, 2010 09:20

JAL TO TERMINATE 250 EMPLOYEE CONTRACTS

Bankrupt Japan Airlines has announced it plans to terminate contracts of up to 250 pilots and cabin attendants after its additional voluntary retirement program failed to meet its job reduction target.

JAL is currently attempting to gain court approval for its restructuring plans by the end of November. The airline had hoped to gain 270 voluntary retirement applications from 130 pilots and 140 cabin attendants, but the number of applications was much lower, with only 20 pilots and 50 cabin attendants applying.

‘‘We are in a very difficult situation with regard to carrying out further steps to implement our restructuring plan,’’ JAL said in a statement. ‘‘We have reached the decision that we have no choice but to dismiss personnel to achieve an appropriate size of workforce.”

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By TESTCustomwebLP TESTCustomwebLP November 16, 2010 09:20
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