Saturday, January 23, 2010

Kyocera employees to use JAL to aid revival

Asian Defense News: TOKYO -- Kyocera Corp., an electronics maker whose founder will lead Japan Airlines Corp.'s reorganization, asked the company's domestic employees to fly on the bankrupt carrier for both business and pleasure.

Chairman Makoto Kawamura in a memo Thursday, encouraged Kyocera's 12,000 Japanese workers in a memo to choose Japan Airlines to help revive the carrier, spokeswoman Chikako Morioka said Friday by telephone, confirming a Nikkei newspaper report.
Japan Airlines, Asia's biggest carrier, filed for protection from creditors this week with 2.32 trillion yen (US$26 billion) of debt. JAL, which traded at about 200 yen a year ago, was unchanged at 2 yen on the Tokyo Stock Exchange.

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