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May 24th, 2009

Airlines Jal

InFlight200 1200 JAL Japan Airlines B747 400 JA8906
InFlight200 1200 JAL Japan Airlines B747 400 JA8906
Paypal   US $699.99
Sample Herpa Wings 500 JAL Japan Airlines Disney Dreamexpress B747 400D 1 500
Sample Herpa Wings 500 JAL Japan Airlines Disney Dreamexpress B747 400D 1 500
Paypal   US $399.99
1200 JAL Japan Airlines B777 300 Doraemon Free SH
1200 JAL Japan Airlines B777 300 Doraemon Free SH
Paypal   US $299.99
1 400 Japan Airlines 50th Ann JAL Dream Express X 3
1 400 Japan Airlines 50th Ann JAL Dream Express X 3
Paypal   US $288.00
Inflight 200 mould Blue Box BBox Jal102 Japan Airlines DC 10 old color 1200
Inflight 200 mould Blue Box BBox Jal102 Japan Airlines DC 10 old color 1200
Paypal   US $286.00
1200 Hogan JAL Japan Airlines B777 200 Sky Eco Free SH
1200 Hogan JAL Japan Airlines B777 200 Sky Eco Free SH
Paypal   US $249.99
Hogan 1200 JAL Japan Airlines B777 200 Sky Eco Jet
Hogan 1200 JAL Japan Airlines B777 200 Sky Eco Jet
Paypal   US $199.99
1200 JAL Japan Airlines B777 300ER Sky Eco
1200 JAL Japan Airlines B777 300ER Sky Eco
Paypal   US $199.99
Phoenix 400 JAL Japan Airlines DC 10 40 JA8542 FreeSH
Phoenix 400 JAL Japan Airlines DC 10 40 JA8542 FreeSH
Paypal   US $189.99
JAL Japan Airlines B744 set Aeroclassics Big Bird 400
JAL Japan Airlines B744 set Aeroclassics Big Bird 400
Paypal   US $189.99
Herpa 1400 JAL Japan Airlines B777 300 OneWorld JA8941
Herpa 1400 JAL Japan Airlines B777 300 OneWorld JA8941
Paypal   US $180.49
Phoenix 400 Japan Air Lines JAL DC 10 40 JA8541 Old Colour free Shipping
Phoenix 400 Japan Air Lines JAL DC 10 40 JA8541 Old Colour free Shipping
Paypal   US $179.95
Phoenix 400 Japan Airlines JAL DC 10 40 JA8542 New Colour free Shipping
Phoenix 400 Japan Airlines JAL DC 10 40 JA8542 New Colour free Shipping
Paypal   US $179.95
B 747 Japan Airlines Boeing 747 JAL Airplane Wood Model
B 747 Japan Airlines Boeing 747 JAL Airplane Wood Model
Paypal   US $170.01
Dragon Wings JAL Japan Airlines B747 400 JA8088 FreeSH
Dragon Wings JAL Japan Airlines B747 400 JA8088 FreeSH
Paypal   US $169.99
Herpa Japan Airlines JAL B777 200 JA8978
Herpa Japan Airlines JAL B777 200 JA8978
Paypal   US $149.99
B 747 300 Japan Airlines JAL Reso`cha Airplane Wood Model Free Shipping
B 747 300 Japan Airlines JAL Reso`cha Airplane Wood Model Free Shipping
Paypal   US $144.88
DC 8 Japan Airlines JAL Douglas Airplane Dry Wood Model
DC 8 Japan Airlines JAL Douglas Airplane Dry Wood Model
Paypal   US $142.99
1200 Die Cast JAL Japan Airlines B777 300ER JA741J 1 200 Free SH
1200 Die Cast JAL Japan Airlines B777 300ER JA741J 1 200 Free SH
Paypal   US $139.99
Herpa 400 JAL Japan Airlines B777 300ER JA732A FreeSH
Herpa 400 JAL Japan Airlines B777 300ER JA732A FreeSH
Paypal   US $139.99
Flightline200 1200 JAL JAPAN AIRLINES A300 600R JA016D
Flightline200 1200 JAL JAPAN AIRLINES A300 600R JA016D
Paypal   US $139.99
Inflight 200 BBOX JAL Japan Airlines DC 8 62 JA8037
Inflight 200 BBOX JAL Japan Airlines DC 8 62 JA8037
Paypal   US $139.95
B 747 Boeing JAL Airlines Airplane Handcraft Wood Model
B 747 Boeing JAL Airlines Airplane Handcraft Wood Model
Paypal   US $139.50
Dragon Wings JAL Japan Airlines B747 400 JA8088 1 400 Free SH
Dragon Wings JAL Japan Airlines B747 400 JA8088 1 400 Free SH
Paypal   US $129.99
Gemini Jets JAL Japan Airlines B747 400 GJUAL007
Gemini Jets JAL Japan Airlines B747 400 GJUAL007
Paypal   US $129.99
Aeroclassics JAL Japan Airlines DC6B B747 400D JA8907
Aeroclassics JAL Japan Airlines DC6B B747 400D JA8907
Paypal   US $129.99
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Airlines+Jal

AL Files for bankruptcy

Under a $10 billion turnaround plan, Japan's national airline JAL has filed for insolvency outstnding to its crippling amount outstnding of about $25 billion. The airline plans to continue its operations but will be laying off some of its staff, cancel routes that are not making profit and ground some of its older planes. At present, the plan is that JAL will cut its workforce to 36,201 from 51,862, retire its 37 Boeing 747-400s and halt several of its international and domestic routes.

The airline has gone through 4 government bailouts but none succeeded in lifting the airline out of its liabilities.

One other aspect of concern is the pilot training center that JAL has been operating in Napa County Airport since 1971. The training program trains 101 trainee pilots at present. The Napa County Airport houses a main terminal building, maintenance facilities for the air planes, flightsimulators and 36 airplanes, both single and twin engine ones. At present, the training program entails returning to Japan to fly bigger aircraft upon winning conclusion of the initial guidance at Napa.

At this point of time, it is uncertain if the bankruptcy filing will affect the pilot training program, and if so, how. conjecture is rife that at the very least, the number of student pilots will be abridged in future. One thing for certain was that JAL's training operations over the last one year at Napa has been somewhat declining.

Japan Airlines or JAL was started in 1951 and was apraised more than $6 billion as recently as March last year. But in the turnaround exercise, the national carrier will be delisted from stock exchanges thus wiping out shareholders.

US airlines Delta and American airlines, have expressed their individual interest in investing in the troubled Japanese carrier. Both companies have firmly stated that talks will continue despite the insolvency filing. Under impoverishment procedures, JAL will likely receive a cancellation of $8 billion of its debt, $3.8 billion of which are from financial institutions.

The entity important the turnaround plan is Enterprise Turnaround Initiative Corp. of Japan, a state- affiliated fund. In a move to reassure concerned creditors, Enterprise Turnaround has reiterated that their reshuffle plans included continuing to pay vendors and aircraft lessors, as well as maintaining the carrier's frequent-flyer program.

On Tuesday, JAL also filed for ruin in New York, where it sought protection from a U.S. court from creditors who were trying to collect sum unpaid while the Japanese case is in anticipation ofin the course, according to court documents.

Last year, over a million people all over the nation filed for bankruptcy. They are on their way to a new lease in life, without crippling debt. How about you? Call us at (813) 200 4133 or toll free (800) 965 5074 for a free consultation.

Japan Airlines (JAL) Boeing 747-400 【JA8071】

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