JAPAN AIRLINES

TOKYO (AFP) - Japan Airlines (JAL), which is undergoing a state-backed rehabilitation process, plans to reduce its annual operating costs by 440 billion yen (five billion dollars) in five years, a report said Friday.

FARNBOROUGH, United Kingdom (AFP) - Brazilian and Russian firms won the race for small regional jet orders at the Farnborough airshow on Wednesday, leaving new player Japan and Canada's Bombardier trailing badly.

Brazilian and Russian planemakers have won the race for orders of small regional jets at the Farnborough airshow, leaving new player Japan and Canada's Bombardier trailing.

Company hit by Japan Airlines fuel hedging losses. 6 Jul 2010 2:35 AM