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.

21 Nov 2012 - 23:28 - Equities - Source: Nikkei

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