Japan Airlines is expected to announce within days that it will file for bankruptcy later this month as part of a turnaround plan that will include eliminating 15,600 jobs, according to news reports from Tokyo. Kyodo News stated that the Enterprise Turnaround Initiative Corp. of Japan, which will oversee JAL's restructuring, is detailing a recovery path that will enable the carrier to keep operating during bankruptcy but force it to make significant cuts in jobs, pension benefits and wages ...

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