 |
 |
 |
(1) If we observe the current situation of the airline business in Japan, we see that Japan Airlines, one of the world's leading air transport companies, is currently going through a wide-ranging corporate restructuring. New domestic entrants that had great hopes and expectations from the market are struggling and the majority are relying on cooperation with the major established airlines, due to the current slump in business. Even the major airlines are not overly optimistic about the current situation. They are preparing for the future by selling off peripheral businesses to focus on their core activity, air transport.
|
 |
(2) The business environment surrounding the Japanese airline industry is falling behind the world airline market due to a number of factors including the development of new generation long haul aircraft, the deterioration of former geographical advantages because of improvements in airport facilities in neighbouring countries and the relative delay in upgrading Japan's airport infrastructure.
|
 |
(3) Observing the situation overseas, strongly increasing demand for air transport in Asian markets has activated the industry and in recent years Low Cost Carriers (LCCs) have been boosting their presence worldwide. Increasing use of business jets is one of the new markets that have seen recent growth. Moreover, the industry in Japan faces the problem of the mass retirement of pilots and the pressing issue of finding enough cockpit personnel to sustain operations. Our strength as consultants lies in our in-depth knowledge, experience and expertise in research and our dedication to the airline industry.
|
 |
(4) Under these circumstances the expansion of Tokyo's Haneda airport in 2010 will provide new opportunities, and chances to develop new business models for the airlines involved. A big turning point is about to happen in the skies over Japan.
|
 |
(5) Combining the expertise and dedication of our analysts, we analyse and research the airline business. Spreading concrete knowledge of the airline business as it evolves in future is at the heart of our endeavours to enhance the progression of the industry.
|
 |
 |