UPDATE 1-JAL postpones management shake-up to Dec – Nikkei

Aug 27 (BestGrowthStock) – Japan Airlines Corp (JAL) (JALFQ.PK: )
decided to postpone its management reshuffle by two months to
Dec. 1 at the request of Chairman Kazuo Inamori, the Nikkei
business daily reported.

JAL, now in bankruptcy proceedings, will submit its
restructuring plan on Tuesday to the Tokyo District Court, the
paper said.

It opted to delay the reshuffling as the court is expected
to deliver its decision on the restructuring plan around late
November, the business daily said.
JAL decided the replacement of current executives with a new
slate to take up efforts to cancel money-losing routes, which
will begin in earnest in October. But a system for monitoring
income and expenditures for individual routes now appears
unlikely to be ready until late November, the Nikkei said.

Inamori, who is expected to stay on as chairman, regards
the system, which will make it easier to hold top officials
accountable for earnings, as key to managing the business, the
daily reported.
(Reporting by Swati Chitnis in Bangalore; Editing by Maju
Samuel)

UPDATE 1-JAL postpones management shake-up to Dec – Nikkei