Irish Times
The Nikkei said the turnaround body's plan calls for the carrier to slash more than 10,000 jobs over three years and write down the value of its fleet, resulting in a special charge of 1.13 trillion yen for JAL in the year ending this March.
The airline's operating loss could also widen to 260 billion yen as customers defect to other carriers, the paper said.
JAL's net loss will likely reach 1.23 trillion yen ($13.3 billion) for the year ending in March, the paper said.
The end is near. People are now officially turning to other carriers out of fear their tickets will be worthless.