75
Archive for the category '75'
JAL’s game of chicken
“Turbulent” wouldn’t properly describe the recent flight path of national flag carrier Japan Airlines, in a spiralling game of chicken with its retirees and unions over a $3.7 billion pension shortfall.
President Haruka Nishimatsu, who needs a pension deal to get bridge loans and bailout money from the state, is asking for an average 40 percent cut [...]