Blogging from Julian A. Keeling
Since the fuel crisis, even the latest 747-400’s are being grounded by many airlines. In the bankruptcy, Japan Air Lines with one of the largest 747 fleets has announced that all forty-seven in the passenger fleet will be left with the Bankruptcy Trustee for him to dispose of. On strongly patronized long route flights the [...]
Large Japanese corporations once upon a time were considered too big to fail. Until the restructuring of several of the largest Japanese banks at the turn of the century, commerce in Japan was held together by “keiretsu” companies. In crude terms about six keiretsu banks; Mitsubishi, Mitsui, Sumitomo, Fuyo, Mizuho and Bank of Tokyo-Mitsubishi UFJ [...]
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