JAL reduces flights to China amid dispute over islands

Discussion in 'JAL | Mileage Bank' started by ACMM, Sep 22, 2012.  |  Print Topic

  1. ACMM
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    Sep 21, 2012
    HONG KONG - Shares of Japan Airlines tumbled Friday after the airline announced it was cutting flights to China amid a dispute over islands in the East China Sea.

    Shares closed down more than 4% in Tokyo. The decline comes just two days after the carrier re-listed in the second-largest initial public offering (IPO) of the year.

    The airline, in an e-mail, said Friday that it would temporarily reduce flights from Japan to the Chinese cities of Beijing and Shanghai next month.

    Sze Hunn Yap, a spokeswoman at JAL, declined to say whether the cancellations were directly linked to the island dispute but did allow that the airline was "seeing irregular changes in travel demands."

    Tensions have flared in recent days over a set of uninhabited islands claimed by Japan, China and Taiwan. Known as the Senkakus in Japan and the Diaoyu islands in China, the barren archipelago lies in popular fishing waters that are also believed to be rich in natural resources such as oil. Ownership would allow exclusive commercial rights to the seas surrounding the chain.

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  2. JALPak
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  3. ACMM
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    Fell free to request an admin to delete this thread then - no worries :)
     

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