News Headline Summary

Japan Airlines (9201 JT) plans JPY 25bln cuts this FY, All Nippon Airways (9202 JT) is to trim JPY 30bln, according to Nikkei

- Japan Airlines is to reduce JPY 25bln costs, or around 2% of overall operational expenses during the current fiscal year ending in March as sales decline.
- All Nippon Airways is to cut JPY 30bln by trimming bonuses and reducing aircraft parts inventory.

Print 23:28, 21 Nov 2012 - Asian News - Source: Nikkei