THE WING NEWSLETTER

Japan's Aerospace and Aviation Weekly

October 23, 2006

JAL CEO highlights his strong wish to achieve a single- year profit

JAL Group CEO and President Haruka Nishimatsu showed his strong wish to achieve a single-year profit for fiscal year of 2006, which is likely to be a big turning point for the future business, at a joint interview with aviation journalists on October 17 this year. Although JAL had a hard time for the first half of FY2006 because of slow recovery of both domestic and international passenger demands and of high fuel price, Nishimatsu is confident that JAL can recoverthe loss through the second half of FY2006, relying on recovery of passenger demands and fuel surcharges on its international flights.

This Week Contents
Headline
JAL CEO highlights his strong wish to achieve a single- year profit
Airline
*JAL has decided to cut down commission on international flights to 5%
*JAL and Galaxy agree on code-share cargo flights
Administration
*Japan and India do not reach an agreement on aviation expansion
Industry
*Honda Aircraft Company officially begins selling HondaJet
Defense
*Defense Agency received the first P-X for static loading test
Airport
*Kansai expects another 60 flights a week for China this winter
Helicopter
*JCG selects AW139 to replace aging Bell212
Column "COCKPIT"
Fate of Japanese LCC

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