JAL rolling on medium term plan

JAL establish evaluation plan to improve targets. Japan Airlines (JAL) will begin to implement its Medium Term Management Plan Rolling Plan 2013.JAL established the Medium Term Management Plan in 2012 to measure targets, identify improvement areas and reassure staff and stakeholders that the airline was working hard to achieve its future goals.The Rolling Plan 2013 was setup to evaluate the Management Plan and reaffirm the company’s forecast direction and current positioning.“We will humbly reflect on the past year, identify those measures that need to be improved to achieve our targets in the remaining four years, correct them, and execute them,” a JAL spokesperson said.“FY2013 will be a year in which we will be tested as to whether we can overcome apparent risks at the beginning of the fiscal year, such as suspended 787 operations and currency fluctuations, and establish a high profitability structure.”JAL’s financial goals for an operating profit of 140 billion yen and a profit margin of 11 percent for FY2013 are on target with the Medium Term Management Plan.At the close of FY2013 JAL aim to achieve equity of 644 billion yen, an improvement of 75 billion yen, compared with the Medium Term Management Plan’s goals established last year.Source = e-Travel Blackboard: P.T.