Mitsubishi Aircraft To Slash 95% Of Workforce

Mitsubishi Aircraft to slash 95% of workforce

Japan's Mitsubishi Aircraft plans to slash staff as work to develop the country's first domestically-produced passenger jet grinds to a halt.

Sources say the company will cut its workforce by about 95 percent year-on-year from next April, to a bare minimum of roughly 150.

Japan's Mitsubishi Aircraft To Slash Workforce

Japan's Mitsubishi Aircraft to slash workforce

Japan's Mitsubishi Aircraft plans to slash staff as work to develop the country's first domestically-produced passenger jet grinds to a halt.

Sources say the company will cut its workforce by about 95 percent year-on-year from next April, to a bare minimum of roughly 150.

Narita Airport To Slash Landing Fees

Narita Airport to slash landing fees

Narita Airport near Tokyo is slashing landing fees as airlines struggle in the face of the coronavirus.

Narita International Airport Corporation says it is waiving landing charges for domestic passenger flights, and cutting fees for international journeys by about 30 percent.

Nissan Plans To Slash May Car Output In Japan By 78%

Nissan plans to slash May car output in Japan by 78%

TOKYO — Nissan plans to slash the number of cars it produces at home in May by 78% from last year, as the impact of the coronavirus shakes the troubled automaker which has already been struggling with falling sales.

As global automakers reel from plunging sales amid lockdowns imposed in many countries to curb the spread of the virus, the hit is particularly severe for Nissan, whose profitability has been deteriorating as it grapples with the turmoil that followed the ousting of former Chairman Carlos Ghosn.

Jal, Ana Slash International Flight Capacities

JAL, ANA slash international flight capacities

Japan Airlines and All Nippon Airways will further slash their international flight capacities amid the growing impact of the coronavirus on air travel.

The two Japanese airlines will continue to try to cope with falling demand in the coming month.