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...over the next three years and to suspend or reduce tens of international and domestic routes. That's not enough, however. JAL reportedly needs more than $1 billion just to continue services into next year. So Nishimatsu has been forced to go hat in hand to the government seeking help to meet its financial needs of up to $3 billion in emergency capital. (See pictures of how Japan has changed in 20 years...
...Lockerbie case has come to a legal end, but there are people in the United States who would still say, in 2003, Libya accepted responsibility for its officials but it would be wonderful if it was a heartfelt expression of remorse and an apology for what happened. That might help thaw the ice. It was always said that it is not us who did that and they don't accept the fact that they have a responsibility for the Lockerbie bombing. And all the nonaligned nations used to support the Libyan claim. But we go through the resolutions adopted...
...which some have suggested could include forced sale of some assets (as GM was forced to do to get bailed out by Washington), is JAL's possible fate. On Sept. 25, following Nishimatsu's visit to the Transport Ministry, the government announced that a five-member task force will help formulate a restructuring plan, to be finalized by the end of November. Relative to other carriers, JAL has a high portion of revenues coming from non-flying businesses and potential spinoffs could target freight operations and less profitable operations. JAL is also being wooed by foreign carriers that might invest...
...benefited the poor some would say at the expense of the middle class and that may have contributed to the destabilization of the country, and yet despite that, the economy has been in some difficulty: high unemployment and high inflation. What specifically will you do in this administration to help the economy of Iran? Well, the economic crisis is worldwide of course and nonetheless we are among the countries that have been least effected by this crisis. In the past four years we have had a high rate of economic growth and even if there was inflation...
...Obama's favor. Otherwise, if you leave it to nations themselves, they understand what is going on. They can analyze the situation and compare things with one another and finally make up their own minds, but at the end of the day such statements really do not help restore America's image. I mean I don't know, maybe the US government sees itself as our competitor and rival, perhaps we should welcome these statements, but frankly at the end of the day, we want to have a friendly world. We think that these policies have already not succeeded...