Japan Air Sees ‘Very Long’ Wait for U.S. Sales Rebound on Quake
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Japan Airlines Co., the nation’s biggest international carrier, said ticket sales in Europe and the U.S. were lagging behind forecasts and would take a “very long” time to recover from the March 11 earthquake and tsunami.
“The recovery of demand from Europe and North America has not met our expectations,” President Masaru Onishi said in an interview in Singapore yesterday, ahead of the International Air Transport Association annual general meeting. “We feel it’s going to be a very long, drawn out and slow recovery.”