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Japan Airlines Unveils Restructure plan

News, 06 March 2006

   The carrier has unveiled ambitious profit targets of ¥3 billion ($25.7m; €21.4m; £14.6m) next year, increasing to ¥55bn in fiscal 2010.
   The targets are part of a five-year plan to streamline Japan Airlines' struggling operations by further cutting unprofitable routes and downsizing its fleet. The company's expects losses of ¥47bn this year [WAMN: 03-Mar-06].