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View Full Version : Embraer, Mitsubishi may get boost from JAL woes



Midnight Mike
2010-01-19, 04:48 PM
* JAL to retire B747-400 and MD-90, introduce smaller jets

* Fleet rejig could mean orders for Embraer, Mitsubishi

By Mariko Katsumura

TOKYO, Jan 19 (Reuters) - Brazil's Embraer (EMBR3.SA) and Mitsubishi Heavy (7011.T) could see an uptick in business from Japan Airlines Corp (9205.T) as the bankrupt carrier rejigs its fleet towards smaller and more fuel-efficient aircraft.

JAL, which filed for bankruptcy protection on Tuesday as part of a state-led restructuring [ID:nSGE60I079], plans to retire all of its 37 Boeing (BA.N) 747-400 jumbo jets and all 16 McDonnell Douglas MD-90 planes and buy smaller aircraft to take their place.


Sonoyama added that JAL may also look to retire its 18 Airbus [ARBU.UL] A300 widebody planes and use Boeing 767s instead.


http://www.reuters.com/article/idCNTOE6 ... 119?rpc=44 (http://www.reuters.com/article/idCNTOE60I0B120100119?rpc=44)