Bloomberg reports (based on Yomiuri Newspaper's article) that Japan Airlines may delay the pension cut vote to January 22 2010 if JAL fails to obtain the required 2/3 votes to pass the proposed cut on January 12. Apparently if JAL eventually fails to obtain the required vote from the retirees, pension will be cut by 60%, doubling the proposed 30%. But Yomiuri newspaper does not cite its source...So is this the last effort to swing the undecided retirees to agree with the cut by "blackmailing"? LOL
Rumor: 2/3 pension cut coming if JAL retirees don't agree on the proposed cut
Tags JAL Restructure Rumor
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