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Saburo Kawabuchi, who played a key role in the launch of Japan's professional football league, and novelist Nanami Shiono are among seven people selected as this year's recipients of Japan's top cultural award. ....
Protect jobs no matter what, past saviour of Japan Airlines says theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
Protect Jobs Regardless, Past Savior of Japan Airlines Says Bloomberg 12/23/2020 Shiho Takezawa and Masatsugu Horie (Bloomberg) No matter how hard Covid-19 squeezes its finances, Japan Airlines Co. must stick to a philosophy of preserving jobs and keeping workers happy, according to its former assistant chairman Yoshihito Ohta, who played a key role in the company’s turnaround from collapse a decade ago. Like most carriers around the world, Japan Airlines has been floored by the pandemic. It forecasts losses of as much as 270 billion yen ($2.6 billion) this fiscal year, its first slide into the red since emerging from one of the country’s biggest-ever bankruptcies. Rival ANA Holdings Inc. also warned of a record loss and both have turned to subordinated loans and new share sales for support. ....
Dec 23, 2020 No matter how hard COVID-19 squeezes its finances, Japan Airlines Co. must stick to a philosophy of preserving jobs and keeping workers happy, according to its former assistant chairman Yoshihito Ohta, who played a key role in the company’s turnaround from collapse a decade ago. Like most carriers around the world, Japan Airlines has been floored by the pandemic. It forecasts losses of as much as ¥270 billion this fiscal year, its first slide into the red since emerging from one of the country’s biggest-ever bankruptcies. Rival ANA Holdings Inc. also warned of a record loss and both have turned to subordinated loans and new share sales for support. ....