JAL Group yesterday raised its profit forecast for the current financial year ending March 31 to ¥27 billion ($260 million) from ¥23 billion and revealed further details of its previously announced restructuring plan for the three fiscal years from April 1, 2005, to March 31, 2008 (ATWOnline, Feb. 7). Simultaneously, it announced that Japan Airlines Corp. President Toshiyuki Shinmachi, a 40-year veteran of the airline, will succeed Isao Kaneko as CEO of JAL Group at the AGM in ...

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