JAPAN AIRLINES

PRESS RELEASES

  • October 01, 2008

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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 JALPAK DE MEXICO.pdf

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