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Thursday, June 11, 2009

JAL to extend unpaid leave

JAL is extending its unpaid leave program to September due to the weak demand in air travel. So far JAL has approved 925 staff's unpaid leave application this year, including 55 this month and 100 next month. They are not accepting application for August and September.

With 49,112 consolidated employees (as of Dec 31 2008), only 925 has taken unpaid leave? That's 1.88% of their employee. Doesn't look like their staff are so keen of the program. So how much can this actually save? Well, JAL declined to give an estimate. But I guess any saving could help given how bad the economy is (there were only 33 passengers on a 767-300 from Osaka to Taipei the other day).

Source: Bloomberg


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