Takaki, the points you made in this post were great! You went straight to the point in explaining the steps JAL took to solve their problem and the effectiveness of the aforementioned. You did a good job in mentioning the cost factors, such as gasoline. Since you are learning about elasticity, how do you think the different types of elasticity played a role in what happened to JAL? Also, try to include some diagrams to help explain your ideas thoroughly.
I think that JAL has overcome the bankruptcy issue that was occurring in January. They have made a few changes, like reducing the amount of flights going out and changing some of the prices, but as you can still see the JAL airlines still running after the incident, it is looking as it is progressing to stay steady. Prices of the gasoline has rissen which adds up to the airline fee as well. Many of the employees jobs were cut though, and has been … Read More
via Takaki’s Blog
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