Air Transport World

All Nippon Airways. (Newsbriefs: Asia/Pacific Report).(Brief Article)

All Nippon Airways in late Feb. said that it will eliminate 1,200 jobs and cut its retirement and pension benefits by around 10% under a new three-year austerity plan that begins in April. The staff and benefit reductions are expected to save the carrier [yen]30 billion in annual expenses over the next thee years.

ANA now expects its consolidated net loss fur the just-ended fiscal year to total [yen]35 billion ($296.9 million), almost double the previous forecast of a [yen]18 billion loss. …

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