Quantcast
SkiftX SkiftStats

How Japan Airlines cleaned up and got itself ready for its coming IPO

Excerpt from New York Times via CNBC

Jul 06, 2012 5:11 am

Skift Take

Only a short while ago JAL was stumbling, to speak kindly. Now its partnerships and balance sheet are enviable enough that rivals like ANA are reminding Japanese taxpayers where the money came from.

— admin

Free Report: The Megatrends Defining Travel in 2015

Japan Airlines’s initial public offering, expected in September, could be a monster affair.

After a reorganization with the help of Japanese taxpayers, the airline is posting record profits and healthy operating margins. It even expanded on Tuesday morning into budget air travel in a venture with Qantas Airways

Read the Complete Story →

Tags: , ,

Next Up

More on Skift

6 Hospitality Trends We’re Tracking at Skift This Week
6 Digital Trends We’re Tracking at Skift This Week
SkyMall Files for Bankruptcy, Hopes to Sell off Name and Business
Watch This Free Webinar on Using Twitter to Increase Travel and Tourism