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Japan Airlines to cut flights amid weak demand-Nikkei

Published: 06 Aug 2009 16:53:21 PST

TOKYO, Aug 7 - Japan Airlines plans to terminate two international routes and to cut the number of flights on another eight at the end of October in response to falling demand, the Nikkei business daily reported on Friday.

The airline will also cut the number of flights on six domestic routes, the paper said, adding these routes are money-losing services that have been flying with only 40-60 percent of their seats filled.

The firm is likely to cut more flights by the end of this financial year ending in March, the paper said.

The company is expected to report an operating loss of about 90 billion yen ($943.4 million) in the first quarter ended in June, the Nikkei said. ($1=95.40 Yen)


Source: Reuters

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