“Japan Airlines said Tuesday that it would cut 6,800 jobs, trim routes and quickly secure emergency funds from an overseas carrier, stepping up restructuring efforts amid mounting losses that threaten to pull the company under.

Delta Air Lines, the world’s biggest airline, and American Airlines are battling over a stake in Japan Airlines, which had a loss of ¥99 billion, or $1 billion, in the three months that ended in June.”

(NYT)

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