Originally Posted by
zman
I am sure they have a lot of options on their list.
JL reductions are do to lack of business. If they could fill a 747 every day, they would still use them.
Reading what's going on between JAL and the major Japanese banks, JL's decision to reduce their 744s are more about flipping the bird against their shareholders who wanted JL to find more ways to cut costs. However, the same shareholders are now angry why JL's scrapping the jumbos
Shareholders (banks): I've had enough of bailing you out all the time! Figure out a way to cut costs and run it like a business!
JAL: Fine
<JAL starts fleet consolidation to ERJ-190s, 738s and 777s and scrapping inefficient 744s, 74Ds, and A300s>
Shareholders (banks): Waaah! What are you doing!? Are you nuts!? We love those planes, we use them all the time to fly in F on our business trips!?
JAL: [
flips them off] You asked for cost-cutting, that's what we're doing.