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Troubled Japanese Airlines unloads cargo business on Suzuyo

2010-08-24 00:00:00

JAPAN Airlines (JAL), which filed for bankruptcy protection in January, has revealed that it has sold its cargo handling operation at Chubu International Airport to Suzuyo & Co Ltd.


This is reported to be one of the cost-saving and restructuring schemes proposed by the Japanese government. JAL said earlier that it will wind up its air freight fleet as part of its corporate turnaround endeavour.
(Source:www.schednet.com)