Far East Cynic

Speaking of dead dreams…..

Another great deal goes down the drain:

Japan Airlines Corp. filed for bankruptcy Tuesday under the Corporate Rehabilitation Law in the biggest nonfinancial corporate failure in the postwar period.

The country’s flagship carrier is expected to continue flying and honor tickets with government assurances for lifeline funds, while undergoing a three-year rehabilitation process that is expected to entail massive cuts in jobs and in unprofitable routes, both domestic and international.

The airline’s debts are estimated at ¥2.3 trillion.

JAL President Haruka Nishimatsu resigned to take responsibility for the airline’s failure.

 ANA has been kicking JAL’s ass for more than a couple of years. I’ve flown both airlines and ANA gets my vote hands down. Add into the fact that Narita is not nearly the hub that it used to be. Do a trial search on expedia some time on airfares from the US to Hong Kong or Singapore . or Bangkok or Manila ( something I find myself doing a lot in my spare time these days-usually before crying myself to sleep) and you can find equal fairs through other terminals.

Sadly, I think we will see less of these:

And more of these: