JAL TO CUT 170 MORE JOBS IN JANUARY

Bankrupt Japan Airlines has announced it is cutting 170 more jobs in January under its restructuring plan that will cut its operations by a third by March. The airline must cut a further 1,500 jobs to meet its goal of 16,000 job cuts. JAL is cutting 49 routes and 103 aircraft even though its operating profit was ¥13 billion in November due to increased travel demand in the region.