Annual Report 2005 (60 pages / 1.3MB) - JAL | JAPAN AIRLINES
Annual Report 2005 (60 pages / 1.3MB) - JAL | JAPAN AIRLINES
Annual Report 2005 (60 pages / 1.3MB) - JAL | JAPAN AIRLINES
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Spreading New Wings of Trust<br />
Becoming the world’s No.1 airline group in terms of both service quality and business volume<br />
<strong>2005</strong>–2007 Medium-Term Business Plan #2<br />
Revamping our cost structure<br />
The second restructuring initiative called for in the <strong>2005</strong>–2007 Medium-Term<br />
Business Plan is on the cost side. It can be broadly divided into two categories:<br />
structural reforms that will yield ongoing benefits and emergency measures such<br />
as cutting salaries and general expenses. In fiscal <strong>2005</strong>, emergency measures<br />
will contribute more than structural reforms, but as the effect of the structural<br />
reforms gradually make themselves felt we expect a ¥75 billion impact in fiscal<br />
2007, growing to more than ¥100 billion.<br />
12 Japan Airlines Corporation