Press Release
Dissolution of JAL Group Subsidiary
Tokyo, October 1, 2008: JAL Corporation decided at a company shareholders’ meeting held on September 30, 2008 local time (October 1, 2008 Japan time) to dissolve JALPAK DE MEXICO S.A. DE C.V., a JAL Group consolidated subsidiary.
Established in February 1987, JALPAK DE MEXICO S.A. DE C.V. specializes in the planning and sales of air tickets and package tours to Asia, including Japan, to individuals and groups.
Due to the difficulty of achieving sustainable growth in present market conditions, it was decided to dissolve the subsidiary company.
The dissolution of the company will only have a minor effect on the JAL Group’s business activities.
Outline of JAL Group consolidated subsidiary
Company Name |
JALPAK DE MEXICO S.A. DE C.V. |
Established |
February 24, 1987 |
Address |
Pasao de la Reforma 505 piso 36 Col. Cuauhtemoc, 06500, Mexico, D.F. |
Representative Director |
Mr Makoto Kishi |
Capital |
2,273,000 Mexican pesos |
Shareholders |
・JALPAK INTERNATIONAL AMERICA, INC. 99.8% ・JAPAN AIRLINES INTERNATIONAL CO., LTD 0.2% |
Business |
Tourist services |
Date of Dissolution |
Planned for December 31, 2008 |
Completion of Liquidation |
Not yet fixed |
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