The fundamental reason for the bankruptcy of JAL is that the government is not competent in business supervision.

[May Point Network] Japan's largest airline, Japan Airlines (JAL), has declared bankruptcy recently. The amount involved is huge and has a wide range of connections. It has become another representative event symbolizing the decline of Japan's economic status. Make...

[May Point Network] Japan's largest airline, Japan Airlines (JAL), has declared bankruptcy recently. The amount involved is huge and has a wide range of connections. It has become another representative event symbolizing the decline of Japan's economic status. As the flag carrier airline representing Asia's number one and the world's second largest economy, JAL was once the pride of the Japanese. Once upon a time, JAL was synonymous with the highest quality of machinery and service in the industry. Many Chinese after the 70s probably remembered a TV series about the Japanese training flight attendants that had been broadcast in China. Many foreigners who mentioned JAL could think of it as long. In the year, the "Heru Pill" logo was used - a red red-crowned crane with a sun-shaped logo with wings. "Hey millennium, turtle Wannian", like China, is also auspicious in Japan. On the construction site and other occasions, the Japanese hands raised their shoulders in the crown of the head to round or to express consent or represent a safe body language. This logo was adopted by JAL when it opened its international route in February 1954. It was only slightly modified. It was also used after the so-called full privatization in 1987.

However, JAL is not as a sign of the meaning of this sign. Not only has there been a major accident in history, but these years have been struggling in the same way as the Japanese economy, and many business reforms have been announced without seeing the dawn. On May 31, 2008, JAL bid farewell to the red-crowned crane logo, which was widely known and loved by the world for more than half a century. At that time, it was promoting business reforms and even carrying out huge capital increase, which is probably a determination to express its ambition. The Japanese government has repeatedly expressed its support for the attitude of JAL. JAL can be said to be a sun in the minds of the Japanese. Even after the Democratic Party, which was regarded as the ruling of the incompetent rule of the Liberal Democratic Party, successfully seized power last year, the former party’s performance as the Minister of Land, Infrastructure and Transport, Maehara Seiji, also vowed in September last year that Japan Airlines could not go bankrupt. As he said, 60% of domestic flights in Japan are responsible for JAL, how can it fall down easily. However, in less than half a year, the Democratic Party’s regime still allowed JAL to go bankrupt.

In fact, Japan has a lot of economic or under-developed routes, and JAL is struggling with a large deficit. The problem of JAL is not only a question of operational efficiency, but also a reflection of the Japanese traffic administration's treatment of people's livelihood. Many Japanese believe that the government is holding the banner of the people's livelihood as a shield. In fact, it is behind the interests of politicians who elect to canvass. In the case of China and South Korea competing for the international hub airport, Tokyo is still using the tired Haneda Airport and the Narita Airport, which is far from the urban area. In order to revitalize the increasingly exhausted local economy, the Japanese government has built no less than 200 airports in the places where there is not enough demand after the 1990s, wasting a lot of resources. As a private enterprise, JAL still has to maintain the operation of these routes, and the loss is inevitable.

However, maintaining a lossy route cannot be a reason for excusing Japan Airlines, because the Japanese railway (JR), which is also privatized, faces the same problem, but it is not bad. After the government has liberalized fare control, JR is also responsible for the work and life needs of the general public. It must not only ensure safety but also have the world's most dense operating schedule, and basically have to be responsible for its own profits and losses. JR Donghai, which has a high-speed Shinkansen, relies on the profit of the Shinkansen to fill the deficit of the old route. Some people think that the competition of high-speed railway is also one of the reasons for the decline of Japan Airlines. However, the Shinkansen is connected to some major cities. The same competition is also ANA, and people are doing very well. NTT (formerly Japan Telecom Telephone), which was once a huge state-owned enterprise, supported the half of Japan by the DOCOMO of the mobile communication department in the face of Softbank (the domestic translation into Softbank, which I think is more appropriate) and the market erosion of KDDI. More successful is JT (formerly Japan Tobacco Monopoly Corporation), which was also stipulated in April 1985 when the government had to hold more than 50% of the shares. As the market progressed, JT also lost the right to monopoly salt. However, it is now an international company with tobacco, beverages and pharmaceuticals, as well as a successful achievement in successful mergers and acquisitions in Europe and other places.

The most fundamental reason for the decline of JAL is that its privatization reform is not complete, and the government is not competent in business supervision. JAL has traditionally given a serious bureaucratic impression. Even though privatization has been in a business crisis for many years, many Japanese believe that the government will not let it go bankrupt. When JAL's operations deteriorated and it was difficult to return, the words and deeds of the former Minister of Transportation and Construction were now considered by the media to be brave, but at that time it was indeed the true idea of ​​many Japanese and even JAL shareholders. Whether it is the various trade unions of JAL or the previous management, the reason why it has become a stumbling block to reform is that there is no sense of crisis. In this context, the policy financial institutions that continue to lend to JAL and the major commercial banks of the private sector have created a large amount of bad debts. Even the agent of the Boeing aircraft sold in Japan, Shuangri Co., Ltd., was heavily involved in JAL. The capital increase is also due to the psychological security of such a government guarantee. Therefore, when the Lushan regime finally announced that JAL was bankrupt, it said that shareholders also had responsibilities, and no one came out to express doubts.

The famous writer Yamazaki Toyoko has a lot of popular works, reflecting the darkness of various societies. For example, "White Giant Tower" reflects the darkness of the medical profession and has been widely circulated in China after being imaged. However, another work called "Unsinkable Sun" was once thought to be incapable of being imaged in Japan. Although this is an overhead novel, its prototype was the 1985 Nikko crash, when JAL was not fully privatized. This novel reflects the ethical issues of JAL's huge organization and the personal conscience of its employees. The difficult situation. It was not until the last day when JAL was ill, it was filmed. The crash was the most serious air crash in the history of Japan. Every year, the bereaved family went to the scene of the accident to pay homage to the soul. The privatization did not allow JAL to change its old problems, and now its fall can be said to be self-defeating. However, the inaction of the Japanese government to such a substantial "great state-owned enterprise" for so many years has finally brought another heavy burden of economic and psychological burden to the people. (21st Century Business Herald)

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