JAL to appoint subsidiary chief Onishi as new president

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Press Trust of India Tokyo
Last Updated : Jan 20 2013 | 12:31 AM IST

Japan Airlines Corp (JAL), which recently filed for bankruptcy protection, said today it will appoint Masaru Onishi, head of a JAL subsidiary, as its new president to oversee the company's state-led rehabilitation process.

The 54-year-old president of Japan Air Commuter Co will officially take his position as president and group chief operating officer on February 1 along with Kyocera Corp founder Kazuo Inamori, who has already agreed to become the company's chairman.

It will be the first appointment of a president with a main background in maintenance operations as the airline seeks to ensure safe operations during drastic restructuring measures to turn around the company.

Onishi will take the place of Haruka Nishimatsu, 62, who stepped down as president and chief executive officer after JAL filed for protection under the Corporate Rehabilitation Law last week.

A majority of the former management members are expected to be replaced following the launch of the new team headed by Inamori.

Hisao Taguchi, 54-year-old executive officer of Japan Airlines International Co -- JAL's operating arm which also filed for court protection -- will be appointed as vice president, the company said.

A government-backed turnaround body sponsoring JAL's rehabilitation had been making arrangements to appoint Onishi as president, but the appointment was put on hold after Inamori asked to interview the candidates himself.

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First Published: Jan 27 2010 | 10:16 AM IST

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