The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by the downturn in global air travel.
global air travelGlobal air travel may not recover until 2011Newsvine - business Wed, 09/09/2009 - 04:34
International air travel, whacked by the economic downturn, is starting to stabilize but may not recover until 2011 as companies and passengers continue to scale back, executives at aviation giants Boeing Co. and Airbus SAS said Wednesday. |
