Tuesday, September 15, 2009

Business Publication Assignment #1-BBC News

http://news.bbc.co.uk/2/hi/business/8256412.stm

Another article I read was titled "Japan Airlines to cut 6,800 Job" about a Japanese airline company firing many of its employees. The airline was suffering greatly with profit and was looking to become better fuel-efficient and focus more on business customers. Delta Airlines, American Airlines, and Air France are all looking to invest in Japan Airlines and to expand to Asia. The rest of the article explanied that the International Air Transport Association is increasing its expected losses from 9 billion to 11 billion. This article was interesting to me because in the recession we are experiencing in the US, I rarely think about foreign countries and the impact the recession has around the world. When US air travel decreases, it seems that all over the world it decreeses causing job losses not only in the US but places like Japan as well.

No comments:

Post a Comment